Only the failed bank has bankruptcy liquidation without deliverance hope, but losses are minimized and social turbulence is avoided as far as possible in liquidationproceedings.
只有当救助无望时，破产银行才会进入破产清算，但在清算程序中应尽量减少损失和避免社会震荡。
2
During the liquidation period, the liquidation committee shall represent the Company in bringing or defending legal proceedings.
清算期间，清算委员会代表公司起诉或应诉。
3
During the judicial proceedings or arbitrations, the liquidation committees must not distribute the disputed properties.