Research On Application Review Standard Of Bankruptcy Reorganization

From the point of the current the enterprise bankruptcy law,the court for restructuring application is a form of censorship standards.Because the current market economy system is not perfect,the good faith system has not been fully established.Following the censorship standards lead to situation that objective in practice,there are a lot of the debtors or the investors(amount more than one over ten of the debtor's registered capital)reforming the applicant.They delay the liquidation insolvency and abuse the rights to apply for reorganization or creditors apply for reforming by this cheap way.Finally,the creditor's legitimate rights and the whole market economy system and order are damaged.In view of this,in order to have more effective exert the court's trial functions,practical and effective realizing the legislative purpose of the enterprise bankruptcy law,so we aim at reforming application form that should be taken both to review form and substance(if there is a saving hope).If there is hope to save the company,it will bring about the rebirth of the debtor enterprise.If there is no hope,the court will declare bankruptcy in accordance with the ruling.Finally,this paper also suggests to standardize the bankruptcy reorganization application from various angles,and urges all parties to set up the correct bankruptcy reorganization view.