Transfer company funds

Legal analysis: after a legal document becomes legally effective, it conceals, transfers, sells or destroys property, which makes it impossible for the people's court to enforce it ",that is, it is an act of malicious transfer of assets. For this behavior, the creditor may also request the people's court to cancel the debtor's behavior. The scope of revocation right is limited to creditor's rights. The necessary expenses for the creditor to exercise its right of cancellation shall be borne by the debtor. Identification of transferred assets:

(1) Hiding, transferring, selling or destroying property after legal documents become legally effective, which makes it impossible for the people's court to enforce them; (2) Obstructing or resisting the execution of the people's court by violence, threat or other means; (3) refusing to execute a legally effective judgment, ruling, conciliation statement or payment order of a competent people's court.

Legal basis: Article 111 of the Civil Procedure Law of People's Republic of China (PRC), if a litigant participant or other person commits one of the following acts, the people's court may impose a fine or detain him according to the seriousness of the case, and if the case constitutes a crime, he shall be investigated for criminal responsibility according to law:

(1) Forging or destroying important evidence, which hinders the people's court from hearing a case; (2) preventing witnesses from testifying by means of violence, threats or bribery, or instigating, bribing or coercing others to commit perjury; (3) Hiding, transferring, selling off or destroying the property that has been sealed up or detained or the property that has been counted and ordered to be kept, and transferring the frozen property; (4) Insulting, slandering, framing, beating or retaliating against judicial personnel, participants in litigation, witnesses, translators, expert witnesses, inspectors and assisting executors; (5) Obstructing judicial personnel from performing their duties by violence, threat or other means; (6) Refusing to perform a legally effective judgment or ruling of the people's court. The people's court may impose a fine or detention on a unit that commits one of the acts listed in the preceding paragraph. If the case constitutes a crime, criminal responsibility shall be investigated according to law.