Traditional Culture Encyclopedia - Hotel franchise - How to recover the arrears after the restructuring of Daoxianglou Hotel in Anhui Province

How to recover the arrears after the restructuring of Daoxianglou Hotel in Anhui Province

Recover from the changed company. After the restructuring of Daoxianglou Hotel in Anhui, the original debt was inherited by the changed company. Article 9 of the Company Law of People's Republic of China (PRC), if a limited liability company is changed into a joint stock limited company, or a joint stock limited company is changed into a limited liability company, the creditor's rights and debts before the company change shall be inherited by the changed company.