What is a bankruptcy reorganization administrator and what are the responsibilities of the bankruptcy reorganization administrator?

Legal analysis: Bankruptcy administrator refers to a specialized agency that takes over the bankrupt property under the command and supervision of the court and is responsible for its custody, liquidation, valuation, disposal and distribution. Responsibilities: (1) Take over the debtor's property, seals, account books, documents and other materials; (2) Investigating the debtor's property status and making a property status report; (3) To decide the internal management affairs of the debtor; (4) To decide the daily expenses and other necessary expenses of the debtor; (5) Deciding to continue or terminate the debtor's business before the first creditors' meeting. (6) Managing and disposing of the debtor's property; (seven) to participate in litigation, arbitration or other legal proceedings on behalf of the debtor; (8) proposing to convene a creditors' meeting. (nine) other duties that the people's court thinks the administrator should perform.

Legal basis: Article 25 of People's Republic of China (PRC) Bankruptcy Law has the following responsibilities:

(1) Taking over the debtor's property, seals, account books, documents and other materials;

(2) Investigating the debtor's property status and making a property status report;

(3) To decide the internal management affairs of the debtor;

(4) To decide the daily expenses and other necessary expenses of the debtor;

(5) Deciding to continue or terminate the debtor's business before the first creditors' meeting.

(6) Managing and disposing of the debtor's property;

(seven) to participate in litigation, arbitration or other legal proceedings on behalf of the debtor;

(8) proposing to convene a creditors' meeting.

(nine) other duties that the people's court thinks the administrator should perform.

If there are other provisions in this law on the duties of administrators, such provisions shall prevail.