1. The time limit for seizure of shares is three years. The time limit for the people's court to freeze shares shall not exceed three years. If the person subjected to execution applies for an extension of the time limit, the people's court may go through the formalities for extending the freeze, and the extension period shall not exceed three years. The people's court may also handle the formalities of continuing to freeze ex officio;
2. The ways for the court to seal up the equity include:
(1) The people's court forces the auction or sale of the pair whose transfer is prohibited;
(2) A ruling prohibits the person subjected to execution from drawing dividends or bonuses due to him, but the relevant enterprise pays the dividends to the person subjected to execution;
(3) With the consent of other shareholders of the company, the sealed-up equity can be directly transferred to the outside world.
Legal basis: Article 249 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 property 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.