Chinese and Comparative Company Law Case Study Example | Topics and Well Written Essays - 1500 words

Chinese and proportional Company Law - Case Study ExampleNowadays, globalization has become a trend. If we want to go against our economy, wed better cooperate with others and adjust ourselves to the environment. In such a situation, more and more foreign companies capture swarmed into China and become one of the strong strength to support the development of the economy.In our country, there argon also many aspects of company fairness in order to protect peoples legal profit. For instance, there is an schematic system of the company, the capital system of the company and the restructuring system of the company. Company law is concentrated on the counseling of the companies. It is helpful for all of the stuff to get equal chances and gain equal treatment. For the head of the companies, it is good for them to bring up and manage the whole company much better. The company law is just like a distich of glasses for the shortsighted. Putting on it, you can see much clearer and stre ngthen your judgment. Without it, you shall not take hold penetrative insight. 2 It is a good metaphor. If there is no law for a company, we have no elbow room to protect peoples legal right and the equal computation will get nowhere. Besides, it also can curtail some peoples right who are in high position. If a member of a liquidation throng is found to have abused his or her power to seek personal gains by resorting to deception, or speculated the companys property, he or her shall be ordered to return the property to the company, have the illegal proceeds confiscated and be obligate a fine one time to five times the amount of the illegal proceeds. If the case is serious-minded enough to constitute a crime, criminal responsibility shall be affixed according to law.3 require at not abusing the right, the law has made out the punishment. If anyone confirms it, they will be punished undoubtedly. Although the company law is just one part of Chinese law, it also promotes Chines e laws development. In worldwide, merger&acquisition companies have become one of the most popular forms. However, the complicated work model must be downstairs the control of sound law. Merger&Acquisition Company is considered as a kind of system to grateful winners and eliminate losers in nowadays economical condition.