If the banks opt to pull the rug from under the ill-fated project, it will go into liquidation. 如果这些银行不再对这个倒霉的项目提供支持,它也就破产了。
Article 47 When an enterprise as legal person is disbanded, it shall establish a liquidation organization and go into liquidation. 第四十七条企业法人解散,应当成立清算组织,进行清算。
Where losses exceed equity but outside capital cannot be raised, any kind of business must either go into liquidation or be reconstructed. 当亏损超过股本,而又无法从外部融资时,不管是什么企业都必须进入清算或重组程序。
Article 40 When a legal person terminates, it shall go into liquidation in accordance with the law and discontinue all other activities. 第四十条法人终止,应当依法进行清算,停止清算范围外的活动。
In fact, when the risk of banking has accelerated to some extent, it will become crisis, and it is not surprising that the bank will go bankrupt and go into liquidation. 事实上,银行风险当到了一定程度的时候,银行风险也就变成了银行危机,银行的倒闭与银行的破产也就不足为奇了。
In the law, the biggest a little bit bright is to be led to go into nations to go through of trustee in bankruptcy system replacing the old liquidation group system. 在该法中,破产管理人制度取代旧破产法的清算组制度被公认为是其亮点之一②。