What if the company account is frozen by the court?

The court has frozen the company's account, and the company needs to go to the court to issue a notice of unfreezing or issue relevant certificates before unfreezing. Individuals cannot unfreeze bank accounts, but there is a time limit for the court to freeze accounts. The people's court shall freeze capital accounts and securities accounts for three months. If it fails to apply for continued freezing, it needs to continue to apply for thawing.

What should I do after my company account is frozen?

1. Notify the company's senior management, financial personnel and major business managers who need to know about this matter, so as to prevent any more funds from entering the company account. It is necessary to control the scope of notification to avoid personnel floating.

2. Tell customers who will make money for your company, negotiate cash collection, or call the cashier's personal account.

3. The most fundamental thing is to determine the reason for freezing. If there is an economic dispute, it can be settled out of court and the bank account can be unfrozen.

The freezing of general company accounts can only be frozen after the court has preserved and renewed the insurance. After freezing, money can only go in and not out. Unless the court thaws it.

Reasons for the company account being frozen:

1, the court procuratorate freezes (in civil proceedings, the court decides to freeze according to law);

2. Being frozen by relevant government agencies or judicial organs (the unit is suspected of committing a crime);

3. There is a fund dispute between the company and the bank (the bank applies to the court for freezing).

To sum up, it is Bian Xiao's relevant answer to what to do if the company's account is frozen by the court. I hope I can help you.

Legal basis:

Provisions of the Supreme People's Court on the Seal-up, Seizure and Freezing of Property in Civil Execution by People's Courts.

Article 21 The property of the person subjected to execution shall be sealed up, detained or frozen to the extent that it is sufficient to pay off the amount of creditor's rights and execution expenses determined in legal documents. If the amount obviously exceeds the standard, it shall not be sealed up, detained or frozen. If it is found that the amount exceeding the target amount has been sealed up, seized or frozen, the people's court shall, upon the application of the person subjected to execution or ex officio, promptly lift the sealing up, seizure and freezing of part of the property exceeding the target amount, except that the property is inseparable and the person subjected to execution has no other property available for execution or other property is insufficient to pay off debts.

Article 33 If a financial institution unfreezes the funds frozen by the people's court without authorization and the frozen funds are transferred, the people's court has the right to order it to recover the transferred funds within a time limit. If it is not recovered within the time limit, it shall be ruled that the financial institution shall bear the compulsory execution responsibility to the applicant with its own property within the scope of the transferred funds.

Article 37 If the relevant unit pays the income of the person subjected to execution to the person subjected to execution or other people without authorization after receiving the notice of assistance from the people's court, the people's court has the right to order him to recover it within a time limit; If it fails to recover within the time limit, it shall be ruled that it shall be responsible for the application executor within the amount paid.

Article 487 of the Supreme People's Court's Interpretation on the Application of the Civil Procedure Law of People's Republic of China (PRC) stipulates that the time limit for the people's court to freeze the bank deposits of the person subjected to execution shall not exceed one year, the time limit for sealing up or distraining movable property shall not exceed two years, and the time limit for sealing up immovable property and freezing other property rights shall not exceed three years. Where the person subjected to execution applies for an extension of the time limit, the people's court shall go through the formalities of continuing the seizure, seizure and freezing before the expiration of the time limit, and the extension period shall not exceed the time limit specified in the preceding paragraph. The people's court may also handle the formalities of continued sealing up, seizure and freezing ex officio.