How creditors apply for company liquidation in civil code

1. Creditors may apply to the people's court to appoint relevant personnel to form a liquidation group to carry out the liquidation of the company. 2. According to Article 183 of the company law, if the company is dissolved due to the provisions of items (1), (2), (4) and (5) of Article 180 of this law, a liquidation group shall be established within 15 days from the date of occurrence of the cause for dissolution to start liquidation. The liquidation group of a limited liability company shall be composed of shareholders, and the liquidation group of a joint stock limited company shall be composed of directors or persons determined by the general meeting of shareholders. If a liquidation group is not formed within the time limit for liquidation, the creditors may apply to the people's court to appoint relevant personnel to form a liquidation group for liquidation. The people's court shall accept the application and promptly organize a liquidation group to carry out liquidation.

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