In cases of compulsory liquidation in which the principal assets, account books, important documents, etc. of the respondent are lost, or where the whereabouts of the respondent's personnel are unknown, the shareholders, directors, and other persons directly responsible for the respondent are reported to the respondent

In the case of compulsory liquidation in which the respondent's main assets, account books, important documents, etc. are lost, or where the whereabouts of the respondent's personnel are unknown, after explaining to the respondent's shareholders, directors, and other directly responsible personnel or taking civil sanctions such as fines, it is still impossible to liquidate or cannot be fully liquidated, and where there is still part of the property, and according to the existing account books, important documents, etc., partial liquidation may be made, and the existing property shall be fairly repaid with reference to the provisions of the Enterprise Bankruptcy Law. Where the compulsory liquidation procedure is terminated on the grounds that full liquidation is not possible, the compulsory liquidation procedure shall be terminated on the grounds that there is no property, account books, or important documents, and the whereabouts of the respondent's personnel are unknown.

After the liquidation of the company is completed in accordance with law, and the liquidation team prepares a liquidation report and reports it to the people's court for confirmation, the people's court shall rule to terminate the liquidation procedure. The company is terminated after the company registration authority cancels the company registration according to the application of the liquidation team.