In the year of 2014,the reform plan on Registration System of Registered Capital(hereinafter referred to as "Plan")was published after obtaining the approval of the State Council.To reform of business registration system and bring about a convenient business registration system is a major decision of the Party Central Committee and the State Council.It is of great significance in accelerating the transformation of government functions,in innovating the government’s regulatory approaches,in establishing fair,open and transparent market,rules and in guaranteeing the start of business and innovation.As reform of the registration system of registered capital involves a wide range of aspects and policies,the people’s governments at various levels need to strengthen organization and leadership and to solve concrete issues in the reform by making overall plans and coordination.All the regions and departments acted in close coordination to speed up the formulation of and improve supporting measures.The reform has invigorated the market,and since 2014 market entities have increased substantially.However,a series of problems have followed,such as false company registration information or the registered capital has not been paid.Using other’s identity to set up a company happened frequently and reflect badly.For the people whose identity was used to set up a company without permission,being a passive shareholder brings a series of legal dispute for no reason,such as the debt disputes or labor disputes.This phenomenon has destabilized the social credibility and market stability.However,the administrative repeal procedure of company registration with defects of shareholders’ identity is not unblocked.The mainly reason is the absence of law in procedure of administrative revocation.This paper aims at designing a feasible administrative procedure which would be helpful to those who are "be shareholder" or"be legal representatives for no reason". |