Yes, funds are generally called liquidation, not delisting. The conditions for fund liquidation are: 1, and the fund assets are less than 50 million for 20 consecutive trading days; 2. When the number of fund holders is less than 200 for 20 consecutive trading days.

Fund liquidation is due to the poor performance of the fund, which leads to the inability to continue operating, or the liquidation caused by force majeure factors. However, the probability of fund liquidation is very small. After the liquidation of the fund, the fund company will distribute the remaining assets of the fund to investors according to the share held by investors.

Liquidation is a legal procedure, in which the production and operation of the company stop, all assets (including machinery, factory buildings, offices and property) are sold in a short time and converted into cash, and then the outstanding debts are paid off (distributed) in turn, and then the company is dissolved according to legal procedures.

definition

When the company has problems or debts. Or shareholder disputes. Or poor management, there is naturally the possibility of liquidation,

After the company's assets are liquidated and distributed to creditors and shareholders, the company will end. Limited companies and unlimited companies have different liquidation and handling methods.

To sum up, since Unlimited Company is not an unincorporated organization and operates in the form of sole proprietorship or partnership, it is only necessary to notify the tax bureau to stop operating, check the company's accounts and stop issuing business registration certificates. The procedure is much simpler than limited company. At the same time, because creditors can directly go to the court to recover debts from the person in charge of the unlimited company,

Even the parties are required to declare bankruptcy for repayment, so the unlimited company will only have voluntary liquidation or stop operating, and there is no compulsory liquidation proposed by creditors. After deciding to liquidate or suspend business, all assets of the company will be sold. If it is a partnership operator, the assets shall be distributed according to the partnership agreement concluded when the company was established. In fact, it is often because shareholders can't continue to cooperate that they decide to go into liquidation, or when they can't get the knowledge of * * *, they can hire an accountant at this time.

You can also ask the president of the Institute of Accountants to appoint a neutral accountant. If it still can't be solved smoothly, you can go to court. Some courts appoint intermediaries to handle liquidation, but regardless of whether the liquidator appoints himself or the court, the expenses will be deducted from the company's assets first. If the unlimited company is sold to others, it is only necessary for shareholders and buyers to reach an agreement to allocate the proceeds from the sale of the company to the company's assets for distribution. However, it should be noted that if the tax bureau thinks that the selling price is lower than the market price, the tax bureau will make another assessment.

Basic classification

Liquidation can be simply divided into two types, including:

Voluntary liquidation: Partners, shareholders and other company members of a limited company think that the original mission of the company has been completed, or the company has no need to continue to operate, and take the initiative to liquidate, sell assets back to cash, distribute them to creditors and shareholders, and terminate its corporate status. This kind of liquidation is not necessarily "insolvent".

Compulsory liquidation: because the company's funds can't cover its liabilities, the creditors can recover through civil law, and finally the court issues a compulsory liquidation order.