Official Reply on Whether the Bankruptcy Liquidation Procedure Specified in the Enterprise Bankruptcy Law May Apply Mutatis Mutandis to the Liquidation of a Wholly Individually-owned Enterprise

关于个人独资企业清算是否可以参照适用企业破产法规定的破产清算程序的批复

After liquidation, a creditor of a wholly individually-owned enterprise may still assert its rights against the investor in respect of the outstanding portion of its claim.

(Promulgated by the Supreme People's Court on December 11 2012 and effective as of December 18 2012.)

(最高人民法院于二零一二年十二月十一日公布，自二零一二年十二月十八日起施行。)

Judicial Interpretation [2012] No.16

Guizhou Provincial Higher People's Court:

法释〔2012〕16号