Li Yapeng denied that the dishonest creditor submitted the restriction on the high consumption order.

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 Li Yapeng denied that the dishonest creditor submitted the restriction on the high consumption order.


According to the exclusive information of China Business Daily, Beijing Taihe Youlian Investment Co., Ltd. (hereinafter referred to as Taihe Youlian) has taken a new action today because of the Xueshan Town real estate project and Li Yapengs book-to-book court. Li Yapeng, whose 40 million debt is labeled executed, is afraid to face the application of creditors to court to limit high consumption capacity. ?

According to the current legal framework, if a dispute arises and a lawsuit is brought before a peoples court, the peoples court shall make a judgment on the basis of facts and laws. If one party fails to perform the judgment of the peoples court, the other party may apply for compulsory execution. Through the judgment of the court, the person who needs to undertake the corresponding enforcement obligation can be called the executed person when he enters the enforcement procedure.

The order of restricting high consumption will be cancelled after repayment. The purpose is to urge the debtor to pay back. If the order of restricting high consumption is violated, it will generally be included in the list of the disbelieved executed persons by the peoples court. The dishonest person will be brought into the national network of the credit investigation system by the court, which will have a great impact on his credit system in the future, including the lack of credit, the failure to handle credit cards, the restriction of high consumption and so on.

Nie Min said: The case has now been finalized for nearly eight months, and the judgment has come into effect. When Li Yapeng has the ability to pay off, he should pay the debt within the specified time limit in accordance with the judgment. Otherwise, it is what we commonly call Lao Lai.

According to the Provisions of the Supreme Peoples Court on Restricting the High Consumption of the Executed Person, if the Executed Person fails to fulfill the obligation of payment specified in the effective legal documents within the period specified in the Notice of Execution, the Peoples Court may restrict the high consumption of the Executed Person.

Property and cash are currently insufficient to enforce creditors rights, fail to meet thefullcondition in the exceptional clause of the Supreme Courts list of dishonesty, and the above-mentioned property has not yet entered the evaluation process. Ten million yuan of repayment is not the other partys voluntary debt repayment, but the amount of Li Yapengs account saved by the lawyers intervention at the beginning of the prosecution. Nie Min told reporters.

It is worth mentioning that according to the reporters investigation, the frozen two apartments (about 160 square meters each) belong to Li Yawei, and the court did not find Li Yapengs real estate in Beijing. The list of dishonesty and the restriction of high consumption are two concepts. Normally, if the judgement fails to fulfill the obligation of repayment within the time limit of the judgement, high consumption should be restricted, including the prohibition of flying, high-speed rail and children from going to international schools. In the same execution case, Li Yawei was taken to limit high consumption measures, and can no longer carry out high consumption activities. Nie Min told reporters. Ten years ago, on November 3, 2008, Li Yapeng registered with the Market Supervision Bureau of Lijiang Gucheng District, Yunnan Province, to establish Xueshan Company. Ten years later, Li Yapeng was still unable to break free in the capital arena. As of press time, the reporter did not call Li Yapeng. Source: China business newspaper editor: Yang Ming _NV5736

It is worth mentioning that according to the reporters investigation, the frozen two apartments (about 160 square meters each) belong to Li Yawei, and the court did not find Li Yapengs real estate in Beijing.

The list of dishonesty and the restriction of high consumption are two concepts. Normally, if the judgement fails to fulfill the obligation of repayment within the time limit of the judgement, high consumption should be restricted, including the prohibition of flying, high-speed rail and children from going to international schools. In the same execution case, Li Yawei was taken to limit high consumption measures, and can no longer carry out high consumption activities. Nie Min told reporters.

Ten years ago, on November 3, 2008, Li Yapeng registered with the Market Supervision Bureau of Lijiang Gucheng District, Yunnan Province, to establish Xueshan Company. Ten years later, Li Yapeng was still unable to break free in the capital arena.

As of press time, the reporter did not call Li Yapeng.