The blemish instauration system is a very important part of China’s company law modification, this discourse is carved up about 2 parts. The first part is an introduction about the blemish instauration, include the conception of the blemish instauration system, its characteristic, the reason what course it, and some provision about the effectiveness of blemish instauration in China’s law and in the other countries. The second part is dead against some provision about China’s company law and try to analyze the advantage and the disadvantage about it, then try to table a proposal to solve the problem, try to build a scientific reasonable blemish instauration system which on the basis of use the provision of overseas’ law for reference