Sihai network

The Court seized the real estate, vehicles and bank deposits under Wang Sicong's property

it is reported that on November 22, the second intermediate people's Court of Beijing held a news briefing on the theme of execution. After the case was filed for execution, the court served an execution notice and a property report order to Wang Sicong, the person subjected to execution, and investigated the property under his name.

According to China executive information disclosure network, Wang Sicong was issued a consumption restriction order by the second intermediate people's Court of Beijing on November 19. On November 4, 2019, Beijing No. 2 Intermediate People's court filed a case in which the execution applicant Jiaxing jingziti applied for the execution of Wang Sicong's domestic non foreign arbitration award for the equity investment fund partnership (limited partnership), because Wang Sicong failed to perform the payment obligations determined in the effective legal documents within the period specified in the execution notice, Therefore, the second intermediate people's Court of Beijing Municipality took measures to restrict consumption.

Previously, Wang Sicong was ordered by the people's Court of Jiading District of Shanghai to restrict consumption, which was later cancelled. Now Wang Sicong is restricted to consumption again.

"Up to now, because Wang Sicong has not fulfilled his repayment obligations according to the requirements of the enforcement notice, our hospital has taken measures to restrict the consumption of the person subjected to enforcement, and seized the real estate, vehicles, bank deposits and other properties under Wang Sicong's name." The head of the Information Office of the second intermediate people's Court of Beijing said.

It is reported that at present, Wang Sicong has declared his property to the Beijing Second Intermediate People's court in accordance with the property declaration order issued by the court. In addition, the parties feedback that both parties are negotiating on the performance of the creditor's rights involved in the case.