It’ll keep running. At that point I’d suggest prob finding a new company. It doesn’t switch hands of ownership as far as I’m aware.

They continue to be owner of the company, but over time, that company will fall apart.  The director won't be training, or hiring new people, or adjusting prices, or ordering stock, etc.

If you were planning to buy, and they are in perma-fed, then you should go shopping elsewhere.

I thought it was like factions where it was transferred to the longest serving employee?

Might be making that up though...

Nope, that’s solely just for factions.

Would be *kinda* cool if it could, :x

Actually company will dissapear if he will not pay for ads and everything else

A good suggestion for the suggestion forum?

I have made a suggestion for auctioning them after reading this thread, please provide your inputs

If the ongoing expenses are high enough, it would eventually be deleted if the cash in the vault went negative.

Maybe start one from scratch and steal all the employees before they leave on thier own

Abusable. So if I wanna restart, I put all money in company. Break serious rule, kick every employee but my new account, get fedded, new account take over n rich.

I believe that there is a time period of 15days before that person can restart what if we auction before that?

It's been suggested before about inactive directors .As people have said directors / players going inactive for various reasons for various points of time . Amd it wouldn't be fair that because they went inactive , that there company just gets passed along to someone else .Considering that they paid for it and it is an investment in a way.
Now as far factions go that might be different because of the number of members that have contributed to it's growth etc .

I won't say abusable if a person restart in legit ways. I am saying is it opens a strategy for cheaters to abuse mechanism

I'm not a fan of the "auction the company away" thing at all, but if that was going to be done, there should be a lot longer time delay than 15 days before it got auctioned.

If someone goes inactive unexpectedly and comes back a month or two later, the company they spent time, effort and money developing shouldn't suddenly be gone and belong to someone else.

Torn is a long term game, and sometimes, real life takes over for a bit, then people come back to Torn again.

I suppose wouldn't be so bad if only for fedded players.  Even then, I don't see why someone else should benefit from it.

How does this happen? I thought that if there weren't enough money in the vault the advertising/employee budgets would automatically set to $0?

I believe it only needs to be working for 1 week. Past 1 week nothing changes, and so you can get - money, which is grounds for rip company.

I found a thread here : 

https://www.torn.com/forums.php#/p=threads&f=19&t=16173822&b=0&a=0&start=0&to=20571832

In it, someone says that the description says without cash to pay the bills the company gets deleted.  However, Ched also posted in that thread that without cash, the advertising costs and employee pay gets changed to $0.  Which would seem to mean it would never be deleted.

I don't know which is accurate.  I've always heard they would be deleted but that may be due to the description, which may not be accurate.

If the owner is fedded, then sooner or later there will be no active employees, no income, etc, so it's going to fall to 0*'s, but I don't know if it actually gets deleted or not.  The process is gradual, since some employees may not leave right away, and if they all stay and it's making a profit, it could run for awhile.  But sooner or later, employees will leave for new jobs, where they can get trained etc.

I was in a company that this happened to.  I started looking for a new company right away, but took my time.  It kept making money while stocks held up.  Then I used up my job points and bailed.  That's about all there is to do.