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What if the gym closes down?
The bankruptcy treatment of the gym is as follows:

1. If the gym goes bankrupt, the legal representative shall bear personal responsibility and shall not be a senior manager of the company for three years;

2, the legal representative of the state-owned enterprises have dereliction of duty, should bear criminal responsibility or civil liability according to the seriousness of the case;

3. As long as a sole proprietorship legal person can distinguish between legal person property and personal property, it does not need the legal representative to bear civil liability;

4. When a legal person in the form of a limited company is in debt, it shall be liable with all its property, except that its capital contribution is defective when it is established.

legal ground

Article 13 of People's Republic of China (PRC) Company Law The legal representative of the company shall be the chairman, executive director or manager in accordance with the articles of association, and shall be registered according to law. Where the legal representative of the company changes, it shall go through the registration of change.

Article 146 A person shall not serve as a director, supervisor or senior manager of the company under any of the following circumstances:

(1) Having no or limited capacity for civil conduct;

(2) Being sentenced to punishment for corruption, bribery, embezzlement of property, misappropriation of property or disrupting the order of the socialist market economy, and the execution period is less than five years, or being deprived of political rights for committing a crime, and the execution period is less than five years;

(3) If the directors, factory directors and managers of a bankrupt company or enterprise are personally responsible for the bankruptcy of the company or enterprise, it has not been more than three years since the date of completion of the bankruptcy liquidation of the company or enterprise;

(4) Being the legal representative of a company or enterprise whose business license has been revoked due to violation of law and ordered to close down, and having personal responsibility, it has not been more than three years since the date when the business license of the company or enterprise was revoked;

(five) a large amount of debt owed by an individual has not been paid off due.

If the company elects, appoints directors, supervisors or employs senior management personnel in violation of the provisions of the preceding paragraph, the election, appointment or appointment shall be invalid.

The company shall remove the directors, supervisors and senior managers from their posts under any of the circumstances listed in the first paragraph of this article during their term of office.