Title: Supplementary Circular of the Supreme People's Court on Some Issues regarding Purchase and Punishment in Bad Assets of Bank by Companies Engaging in Management to Financial Assets Promulgating Organ: The Supreme People's Court Date of Promulgation: May 30, 2005 Date of Implementation: May 30, 2005 Applicable Scope: Some issues regarding purchase and punishment in bad assets of bank by companies engaging in management to financial assets. Major Contents: In this Supplementary Circular, the scope for the application of this Supplementary Circular is stipulated. The relevant issues in judging disputatious cases happening in the process of purchase and punishment to bad assets of bank by companies engaging in financial management are prescribed. |
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