mpany and make a public announcement
about the termination of operation of the company. If the
cancellation of the business license of the company has
not been applied, the company registration department shall
revoke its business license and make a public announcement on the
matter.
Article 198 Members of a liquidation group shall be faithful
to their office and perform their duties according to law.
Members of a liquidation group may not abuse their powers
to accept bribes or other illegal income or convert property of
the company into their own.
Members of a liquidation group shall be liable to compensation
for the losses caused to the liquidated company or creditor
due to their deliberate acts or serious faults.
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