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PostPosted: Thu 18:53, 14 Apr 2011    Post subject: Supreme People's Court on the state-owned industri

Supreme People's Court on the state-owned industrial enterprises to machinery and equipment property as collateral for a mortgage contract entered into with creditors Issues Concerning the effectiveness of


Supreme People's Court on the state-owned industrial enterprises to machinery and equipment property as collateral for a mortgage contract entered into with creditors Issues Concerning the effectiveness of
 
Chongqing Municipal Higher People's Court : Supreme Court of your court Yu [2001 ] 37 By the following reply : According to the Machinery and equipment , plant and other property entered into mortgage contracts with creditors , such as no other valid legal situation should not be solely on the grounds without the approval of government authorities identified the mortgage contract is invalid. The approval comes into force, are pending or have not yet heard the case , the application of this approval,ghd piastra, but the judgments or orders have taken legal effect , except in cases retrial . This complex .

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