Fast broadcast 260 million fines approved by the end of the execution lawyer: Company or bankruptcy

Absrtact: In the afternoon of June 26, the Shenzhen Market Supervision Authority officially served the "Decision on administrative penalty" to the fast-seeding company, 2.600 million tickets for today's effective fast-seeding company infringement case has not settled, 2.600 million-dollar ticket is a new focus. Recently, the media


June 26 Afternoon, the Shenzhen market Supervision Authority officially served the fast-seeding company on the "Administrative penalty decision," 2.600 million tickets effective today

The fast-seeding company infringement case has not settled, 2. The 600 million-dollar ticket is a new focus. Recently, a media burst, the fast-seeding company has overdue payment of fines, will face up to 7.8 million yuan a day of late fees. In fact, the fast-seeding company has submitted the application for late payment of fines to the municipal market authority and has been approved for six months before execution.

The express company asks the staff to submit the arbitration

June 26, the City Market Supervision Bureau to the fast-seeding company to make final administrative penalty decision on the fast-seeding company fined 2.600 million. The decision on administrative penalty shall come into force on that day, and in accordance with the regulations, the fast-seeding company should pay the fine to the Shenzhen Finance Committee within 15th. If the penalty is not paid, the daily penalty is 3% Plus. That is to say, the fast-seeding company should pay the fine by July 10 at the latest. If the fast-seeding company does not pay the fine, as of yesterday, has been overdue 6 days, according to the daily additional 3% of the late fees (that is, daily 7.8 million), the fast-seeding company to pay a fine of more than 300 million.

Today, the fast-seeding company has moved out of Nanshan Science Park and disappeared. Internal staff revealed that the company's main management have evacuated Shenzhen, to Beijing to deal with a number of follow-up work.

In addition, some employees to the media that the fast-seeding company has sent a text message to employees last week, said that because the company was fined 260 million may not be reversed, suggested that the staff to arbitration, in order to pay priority in the liquidation process payment, and prompted the staff to carry a good ID card, signed arbitration authorization

It's a fact that the fast-seeding company's staff outflow

Another news from Beijing seems to confirm the inability of the fast-seeding company.

At the beginning of July this year, Beijing Xiang-e Sentiment Group Co., Ltd. officially changed its name to the Sino-Branch Cloud Network Technology Group Co., Ltd., from the catering industry across the border into new media. At the same time, Xiang-e sentiment will launch a sum of up to 3.6 billion yuan financing plan. Since then, there have been rumors that Xiang e lust to buy fast-sowing company. There is an analysis of the industry, Xiang-e sentiment if the acquisition of fast-seeding companies, can directly obtain video technology core technical support, access to new media technology. Whether the Xiang-e situation will be bought or will become the key to the fast-seeding company's life and death.

Subsequently, media said, July 7, a group of fast-seeding company employees end the contract with the fast-seeding relationship, and a call "cat technology," the company signed a labor contract. And, the labor contract is mainly those who have not been scheduled to the fast-seeding of the new company's employees, including the original responsible for the fast-broadcast player some technicians. The fast-seeding company has been put on an emergency register for several companies to accommodate different businesses and employees.

July 10, the Hunan-Hubei situation issued a notice, the company established a joint venture Shenzhen Cat New Media Network Technology Co., Ltd. (hereinafter referred to as "Shenzhen Love Cat"). Shenzhen Love cat Total investment 10 million, its business scope includes network game, multimedia product system integration and wireless data product technology development and sale. Shenzhen Love cat will be based on their own business needs to introduce the relevant technical and management personnel, the current Shenzhen cat has completed some of the recruitment of personnel, some of the staff for the fast-seeding company staff. and stressed that Shenzhen Cat employee's determination mainly by the candidates ' personal career development needs to decide, the company itself did not buy fast-seeding company equity or assets, such as Shenzhen Love cat preparation of human resources, Shenzhen Cat also does not exist in the purchase and use of fast-seeding companies intellectual property rights and technology and other intangible assets situation. In addition, there is no plan for the acquisition of a fast-seeding company in the current and foreseeable future of the company's controlling shareholders and actual controllers.

Xiang-E, the announcement directly denied the acquisition of a said, and certainly absorbed some of the fast-sowing company employees, which may prove that the fast-seeding company is on the verge of bankruptcy.

Express application for deferred payment approved

Yesterday, the city's market regulator confirmed that the fast-seeding company has so far not paid a fine.

However, on July 10, that is, the deadline for payment of fines, the fast-seeding company submitted to the municipal Market Authority for late payment of fines. The reason is that, because it was investigated, the company stopped business, there is no source of income, but the wages of employees still need to pay, currently unable to pay a fine of 260 million yuan, application for six months extension.

The case personnel, the City Market Supervision Bureau Inspection Brigade law enforcement personnel Fang Zanyu said, the City market Supervision Bureau according to the actual situation of the fast-seeding company, as well as "the People's Republic of China Administrative Punishment Law," 52 provisions, "the parties do have economic difficulties, need to postpone or pay a fine in instalments, Can be deferred or phased payment ", agreed to the fast-seeding company's extension application." The decision on administrative penalty issued June 26 will be postponed until December 25 this year.

In other words, the fast-seeding company must pay the fine within 15 days after December 25 (including the same day). In fact, the fast-seeding company has been empty, Fang Zanyu said, although the fast-seeding company's business stopped, employees appear to leave, but the company's main body. When the extension period expires, the fines will be investigated according to law.

Lawyer says

It is more advantageous for employees to apply for arbitration

Li Weisiang, director of the National Law Association's Information Network and high-tech Legal Operations Committee, believes that the actual controllers and investors of the fast-seeding company should consciously let the fast-seeding company go bankrupt, otherwise the fast seeding should be limited to appease the employees and not to pay the employees. Employees applying for arbitration can temporarily block the execution of a fine of $260 million.

However, the company filed for bankruptcy has a filing procedures, according to his understanding, there is no case, do not know whether the fast-seeding company has filed for bankruptcy. In the insolvency proceedings, employees ' wages, taxes and secured claims are given priority over government fines, and after these priority payments, if the fast-seeding company still has assets, the government fines will be distributed proportionally to the other claims, and the Government will certainly not be able to get all the fines.

Mr Li believes that, for now, the fast-seeding company has no other capital to take over and is likely to go bust. But the fast-seeding company's brand value is derogatory, I'm afraid no other capital will take over.

As for the company's employees, Li believes that employees can apply for bankruptcy as a creditor or apply for labor arbitration. However, it is more advantageous for them to apply for arbitration, because in the process, litigation and so on, the arbitration requires the fast-seeding company to pay more costs, so through arbitration, employees may gain a relatively large number. "The rights of employees are basically not impaired unless the fast-seeding company has no assets." Li said that the main reason is that employees ' wages will be repaid first.