Cases of refusal of students to participate in the selection of an asset auction organization

Cases of refusal of students to participate in the selection of an asset auction organization
Bảo Ngọc

The Ministry of Justice issued Circular 02/2022/TT-BTP dated February 8, 2022 guiding the selection of an asset auction organization.

Accordingly, the person having the auctioned asset shall refuse to evaluate the application for registration to participate in the selection of the asset auction organization in the following cases:

- The property owner, the person authorized by the property owner to auction the property, the person having the right to put the property up for auction as agreed or prescribed by law, the person signing the auction service contract. property price is wife, husband, biological father, natural mother, adoptive father, adoptive mother, father-in-law, mother-in-law, father-in-law, mother-in-law, biological child, adopted child, son-in-law, daughter-in-law, brother-in-law, biological sister, younger brother, brother-in-law, brother-in-law, sister-in-law, sister-in-law of the head of the asset auction service center, legal representative, chairman of the Members' Council, member of the Members' Council, member partnership of the asset auction enterprise.

- The property owner, the person authorized by the property owner to auction the property, the person having the right to put the property up for auction as agreed or prescribed by law, the person signing the auction service contract. An asset auctioneer is an individual or organization that has the ability to dominate the activities of such asset auction organization through ownership, acquisition of contributed capital or through decision-making of such asset auction organization.

- Other cases as prescribed by law.

Circular 02/2022/TT-BTP takes effect from March 25, 2022.



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