I'm curious about the documents to submit when filing for corporate bankruptcy.

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Hello. I'm in charge of payroll at a company. One of our employees was injured at work and filed an industrial accident claim. I'm not sure how to handle the salary-related matters, so I'm asking. I heard about something called industrial accident absence benefits — when is this paid? I'm also wondering if the workplace has to pay this. And if the company is supposed to pay, do we pay the full salary? I'd appreciate it if you could let me know.

corporate bankruptcy

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When applying for corporate bankruptcy, you must first prepare a bankruptcy application.

The corporate bankruptcy application must include the applicant's trade name, the location of the main office or business establishment, the name of the representative, along with the purpose and cause of the application, the debtor's business purpose and business situation, the total number of issued shares or equity interests, the capital amount and assets and liabilities, and other property status in detail.

If the creditor is the applicant, they must also write down their claim amount and its cause.

The attached documents to be submitted with the corporate bankruptcy application are as follows.

· Creditor list, certified copy of corporate registration, board meeting minutes related to the bankruptcy application, articles of incorporation
· Shareholder list, company organizational chart, employment rules, severance pay regulations, collective agreement
· Employee list, labor union-related documents, settlement reports for the last 3 years and comparative balance sheets and income statements
· Recent balance sheet and income statement, liquidation balance sheet and liquidation property list
· List of real estate and movable property, accounts receivable and bond ledger, list of collateral and secured claims
· Materials related to ongoing provisional attachments, provisional dispositions, auctions, and lawsuits, certified copies of corporate registration and settlement reports of subsidiaries and affiliated companies, etc.

If the creditor is the applicant, they must additionally submit materials that can prove the existence of the claim such as contracts, promissory notes, checks, and accounts receivable ledgers, as well as dishonored notes and checks that can prove the debtor's suspension of payment, and proof of bank transaction suspension.

For details, please check through consultation with a specialist corporate bankruptcy attorney.