Who can apply for corporate bankruptcy, and where should it be filed?

Corporate bankruptcy applications can be filed by directors, unlimited liability partners, or liquidators of the debtor corporation, even if they are not the representative director or representative partner.

That is, anyone who is an internal officer of the corporation can file an application, and external creditors of the corporation can also file when the corporation is in a state of insolvency or excess debt.

The filing procedure is simple.

You prepare the corporate bankruptcy application documents and submit them to the receipt office of the court with jurisdiction over the corporation.

The court with jurisdiction is based on the location of the corporation's headquarters or main office, and in the case of courts where a bankruptcy department has been established, you submit it to the bankruptcy department's receipt office.

After filing, the court reviews the documents and conducts a hearing before deciding whether to commence bankruptcy procedures.

In conclusion, corporate bankruptcy can be filed by anyone if the corporation cannot repay all its debts or has more debts than assets, creditors can also file, and the filing is made through the receipt office of the court with jurisdiction.

For specific matters related to corporate bankruptcy, please check through consultation with a corporate bankruptcy specialist attorney.