How to auction assets after bankruptcy?

How to distribute assets by auction after the bankruptcy of an enterprise can refer to the relevant provisions of the Supreme People's Court on the auction and sale of property in the civil execution of the people's court, as follows: Article 19 If there is no bidder in the auction or the highest bid of the bidder is lower than the reserve price, if the application executor or other enforcement creditors present apply for or agree to accept the auction property at the reserve price determined by the auction, they shall hand over the property to pay off their debts. If more than two executing creditors apply for auction of property to pay off debts, the creditor with the first legal repayment order will be given priority; If the repayment order is the same, the beneficiary shall be determined by drawing lots. If the amount of creditor's rights payable by the debtor is lower than the price of the collateral, the people's court shall order it to make up the difference within a time limit. Article 27 The people's court may, in accordance with the provisions of Article 19 of these Provisions, price the movable property that is still auctioned in the second auction, and hand it over to the application executor or other enforcement creditors to pay off the debts. If the applicant executor or other enforcement creditor refuses to accept or fails to deliver it to pay off the debts according to law, the people's court shall lift the seal-up and seizure and return the movable property to the person subjected to execution. Article 28 The people's court may, according to the provisions of Article 19 of these Provisions, transfer the real estate or other property rights that are still auctioned in the second auction to the application executor or other enforcement creditors to pay off debts. If the application executor or other enforcement creditors refuse to accept or fail to pay off the debts according to law, the third auction shall be held within 60 days. If the third auction fails and the applicant executor or other enforcement creditors refuse to accept the real estate or other property rights to pay off debts according to law, the people's court shall issue a notice of sale within seven days from the end of the third auction. If no buyer is willing to buy the property at the reserve price of the third auction within 60 days from the date of announcement, and the application executor and other enforcement creditors still refuse to accept the property to pay off their debts, the seizure and freezing shall be lifted and the property shall be returned to the person subjected to execution, except that other enforcement measures can be taken for the property.