practice note Mainland China English original

Draft Judicial Interpretation of PRC Company Law Released for Public Comment

Explains draft judicial-interpretation rules on resignation or removal of legal representatives, related-party guarantees, and veil piercing.

Brief English Introduction

This note explains the 2025 draft Company Law judicial interpretation and its proposed remedy for the common problem of easy resignation but difficult registration change. It highlights that a resigned legal representative may sue for confirmation and registration change or expungement.

Use It For

Use it to update the case discussion with the emerging judicial remedy path after the revised Company Law.

Teaching Notes

Ask students whether the draft solution adequately protects counterparties who continue to rely on the public register.