Bankruptcy is the inability to pay your debts and bills. The procedure for declaring a legal entity bankrupt is carried out in court on the basis of Federal Law No. 127-F3 and Article No. 65 of the Civil Code of the Russian Federation.
It is necessary
- - application to the court;
- - notification of creditors.
Instructions
Step 1
Your bankruptcy behavior should be aimed at paying off all existing debts. For your company to be declared bankrupt, apply to the court. Responsible representatives, notary trustees, creditors, company employees can do it instead of you.
Step 2
Notify all of your creditors, tax office, and other authorities in writing that you owe but cannot pay. Do not hide that the financial affairs of the company are in a deplorable state, honestly admit your bankruptcy.
Step 3
Prepare all financial documents for the audit. The court will issue an order on declaring a legal entity bankrupt only after a full check of financial documents and an investigation of the reasons that led to bankruptcy. For this work, a bankruptcy administrator will be appointed, investigative bodies and large audit companies will be involved.
Step 4
Do not interfere with the work of authorized persons, do your best to get out of this situation with minimal losses. You still have to pay all the bills, so it is completely pointless to hide something from the investigating authorities.
Step 5
The bankruptcy commissioner will try to correct this situation. If the financial affairs of the enterprise are so bad that further functioning in a normal mode is impossible, an inventory of the existing property will be made and its further sale to pay off the arisen debts on taxes and fees, as well as for settlements with creditors, investors, employees whose labor was not paid …
Step 6
If the property of the enterprise is sold, but the financial resources are not enough to pay off all existing debts, an inventory of the personal property of the administrative staff of the enterprise involved in bankruptcy will be made.
