Supreme Law Opens National Bankruptcy Reorganization Case Information Network

It was learned from the Supreme People's Court that the National Enterprise Bankruptcy Reorganization Case Information Network established by the Supreme Law was officially opened on the 1st.
According to reports, the information bank for bankruptcy and reorganization cases throughout the country consists of three parts: the information internet for bankruptcy and reorganization cases across the country, the judge working platform for corporate bankruptcy cases, and the bankruptcy administrator's working platform.
Among them, the information internet of bankruptcy and reorganization cases throughout the country is an internet information platform that publishes all types of information in bankruptcy cases in accordance with the principle of full disclosure of case procedures. Investors can obtain information on debtor companies in the relevant cases in the column of debtor information disclosure. And through the website to carry out the investment demand release, the debtor business dynamic information subscription, and the bankruptcy administrator to carry out interactive activities. The relevant entities in the case of creditors, debtors, and contributors can use the law to exercise relevant rights stipulated in the bankruptcy law, and carry out online activities such as making an appointment, filing a claim, filing an opposition application, participating in a creditors’ meeting, and conducting voting. The bankruptcy case judge working platform and the bankruptcy administrator working platform serve as support systems, and the work is automatically completed on the basis of different legal responsibilities of the court and the bankruptcy administrator.
The Supreme People's Court stated that through the “full coverage of bankruptcy cases, full coverage of stakeholders, and full coverage of legal processes,” the information network closely links creditors, debtor companies, market investors, other interested parties, and the people’s courts. The efficient and convenient initiation of the bankruptcy proceedings is conducive to the implementation of due process of law in all aspects of the bankruptcy case and the realization of fair protection in accordance with the law.

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