china bars defaulters from taking highspeed trains
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

China bars defaulters from taking high-speed trains

Egypt Today, egypt today

Egypt Today, egypt today China bars defaulters from taking high-speed trains

China high-speed trains
Beijing - XINHUA

People who fail to fulfill court orders will be barred from taking high-speed trains, the Supreme People's Court (SPC) announced in its latest move to punish defaulters on Tuesday.

The SPC has extended penalty restrictions laid on defaulters to high-expenditure consumption, and consumption not necessary to sustain normal life or businesses, according to a judicial interpretation which will take effect on Wednesday.

When a corporation becomes a defaulter, its legal representatives, chief executives and those directly responsible for fulfilling the obligation will be subject to the same restrictions as individual defaulters, said Liu Guixiang, an SPC official.

If people default on emergency money, including child-rearing fees, medical fees or work remuneration, to an extent that it can be regarded as a criminal offense, they will receive heavy penalties, according to the SPC.

Since a nation-wide crackdown on defaulters was launched in November 2014, which lasted until June 30, courts at all levels sentenced 864 defaulters, including 706 guilty of refusing to execute court orders, 47 guilty of hampering public affairs, 93 guilty of illegally handling sealed or frozen assets, as well as 18 others.

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china bars defaulters from taking highspeed trains china bars defaulters from taking highspeed trains



 
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