The court has enforced the other company's equipment, after the implementation of the assessment, auction procedures, the relationship between the assessment price and the starting price, the third auction auction abortive and the applicant or other enforcement creditor refuses to accept, or in accordance with the law can not accept the real estate or other property rights against the debt, the people's court shall be issued within seven days of the date of the end of the third auction sale announcement. Within sixty days from the date of the announcement, no buyer is willing to buy the property at the third auction of the reserved price, and the applicant for the execution of the applicant, the other execution creditor still does not indicate acceptance of the property against the debt, it shall lift the seizure, freezing, the property will be returned to the executed person, but the property can be taken on other measures of execution, except. Expanded information specifically judicial auction including the court compulsory auction, and the court entrusted the liquidation administrator and then the procedural bankruptcy enterprise auction two. The court compulsory auction refers to the court according to the legal instrument has come into force to enforce the debtor's property, and the debtor's property through the auction to realize the price will be delivered to the creditor. The bankruptcy enterprise auction is the enterprise insolvency or other improper operation caused by the withdrawal of the enterprise, the closure of the court appointed by the liquidation administrator to set up a special bankruptcy enterprise liquidation organization to commission a qualified auction enterprise or other institutions to auction the subject matter.
Court seizure of business equipment and the conditions and formalities required:
1, you have been the arrears of wages into the bank account, the labor dispute case is considered to be the implementation of the completion of the case;
2, your equipment is based on the other two borrowing disputes with the other party to the case application. If the price of the seized equipment is not enough to repay the loan, the other party can also apply for freezing the company's account;
3, in general, is not detained legal representative, but if the legal representative to prevent the court from executing the words, may face detention. And the legal representative will be included in the list of bad faith;
4, equipment is seized during the period is generally not allowed to use;
5, try to fight for active repayment, there is a saying: out of the mix, someday it is necessary to return. Even if the application for bankruptcy, bankruptcy liquidation of the company's property is also required to repay debts, in the following order: taxes, workers' wages and benefits, debts and so on.