Legal analysis
When the court enforces the law, if there is no money in the account of the executed company, the court may take compulsory measures such as sealing up, distraining, freezing and auctioning other property of the executed person, or search the executed company according to law. If it is really impossible to execute, the execution can also be suspended by the court, and the execution can be resumed at any time after the property of the executed company is discovered. If the debtor fails to perform his debts within the period specified in the judgment or ruling after the judgment or ruling becomes legally effective, the creditor may apply to the people's court for compulsory execution. The procedures for applying for enforcement are as follows: (1) Application: The parties must perform legally effective civil judgments and rulings and criminal judgments and rulings. If one party refuses to perform, the other party may apply to the people's court for execution. (2) Court Acceptance: If the parties or interested parties think that the enforcement act violates the law, they may file a written objection to the people's court responsible for enforcement. (3) Application for reconsideration: If the parties or interested parties are not satisfied with the ruling, they may apply to the people's court at the next higher level for reconsideration within 10 days from the date when the ruling is served. If the people's court fails to execute the application for execution for more than six months from the date of receiving it, the applicant for execution may apply to the people's court at the next higher level for execution.
legal ground
Article 242nd of the Civil Procedure Law of People's Republic of China (PRC) * * * If the person subjected to execution fails to perform the obligations specified in the legal documents according to the notice of execution, the people's court has the right to inquire about the deposits, bonds, stocks, fund shares and other properties of the person subjected to execution. From the relevant units. The people's court has the right to seal up, freeze, transfer or change the property of the person subjected to execution according to different circumstances. The property inquired, sealed up, frozen, transferred or changed in price by the people's court shall not exceed the scope of obligations that the person subjected to execution shall perform. When the people's court decides to seal up, freeze, transfer or change the price of property, it shall make a ruling and issue a notice of assistance in execution, which the relevant units must handle.