The Supreme People’s Court has begun drafting the Regulations of Several Issues Concerning the Application of Enterprises Bankruptcy Law (Tentative Name), so as to conform with the implementation of the Enterprise Bankruptcy Law. The regulations are meant to interpret the Enterprise Bankruptcy Law in an integrated and systematic way and guide all levels of the people’s courts in adjudicating enterprise bankruptcy cases. The regulations are in the early state of drafting.
The judicial interpretation now seeks public opinions and suggestions through www.chinacourt.org. Discussions on the draft of this judicial interpretation can be made in its special column in www.chinacourt.org