Hangzhou hi tech: the largest shareholder of the company applied for bankruptcy liquidation
Cailian, Nov. 8 (Xinhua) -- Hangzhou hi tech announced that happy group, the largest shareholder of the company, applied to the people's Court of Yuhang District of Hangzhou for bankruptcy liquidation on the grounds that it was unable to pay off its due debts, its assets were insufficient to pay off all its debts and obviously lacked solvency. Hangzhou Yuhang District People's court has accepted the application for bankruptcy liquidation and appointed Zhejiang Dagong law firm as the manager of happy group.
This text is a result of machine translation.
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