The “Provisions of the Supreme People's Court on Several Issues concerning Equity Enforcement by People's Courts” will come into force on January 1, 2022
In order to unify the standards for equity enforcement and solve the disadvantages and difficulties in such enforcement, the Supreme People’s Court promulgated the “Provisions of the Supreme People’s Court on Several Issues concerning Equity Enforcement by People’s Courts” (Fa Shi [2021] No.20, hereinafter referred to as the “Provisions”) on December 20, 2021, which will come into force on January 1, 2022. The key points are described below. 1. Scope of applicable objects The “Provisions” shall be applied to equity interests in limited liability companies and companies limited by shares, and shares of companies limited by shares listed and traded…