Bankruptcy rules clarified

PUBLISHED : Friday, 02 August, 2002, 12:00am
UPDATED : Friday, 02 August, 2002, 12:00am

The Supreme People's Court of China has issued regulations clarifying how bankruptcy cases should be heard, with the new regulations going into effect on September 1. The 106 clauses cover 14 problems commonly seen in bankruptcy hearings including creditors' rights and property distribution.


 

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