Two 50 percent shareholders can no longer agree on any business decision. The company has unpaid suppliers, incomplete accounting records, and no current lease. One shareholder wants immediate deregistration.
Separate deadlock, dissolution, liquidation, creditor notice, records, and deregistration. Do not skip liquidation just because the business has stopped trading.
Students should produce a sequence of steps. The discussion should emphasize that exit is a governance process with creditor-facing obligations.
Exercise sources
中华人民共和国公司法
The core statute for Chinese companies, covering legal personality, registration, capital, corporate organs, directors' duties, state-invested companies, bonds, accounting, restructuring, dissolution, liquidation, and liability.
中华人民共和国市场主体登记管理条例
A unified registration framework for companies and other market entities, covering registered items, procedures, deregistration, and market-exit administration.
指导案例8号：林方清诉常熟市凯莱实业有限公司、戴小明公司解散纠纷案
A company dissolution dispute illustrating judicial intervention when shareholder deadlock and serious governance breakdown make continued operation difficult.
指导案例9号：上海存亮贸易有限公司诉蒋志东、王卫明等买卖合同纠纷案
A leading case on shareholders' liquidation obligations and creditor protection after a company is deregulated or loses its business license.