Tongwang Dynamics: Lawyer Liang Yungan was invited to conduct a special training on the General Provisions of the Civil Code Contract Law Interpretation for Nanning Financial Investment Group Co., Ltd.
Time:
2023-12-26
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13
On the afternoon of December 20, 2023, Liang Yungang, a full-time lawyer from Guangxi Tongwang Law Firm, conducted a special legal training activity for the legal staff of its long-term legal advisory unit, Nanning Financial Investment Group Co., Ltd. and its subsidiaries, entitled "The Impact and Tips of the General Rules of the Civil Code Contract Law on Financial Business".

In the training activity, Lawyer Liang Yungang, based on the relevant provisions of the "Interpretation of the Supreme People's Court on Several Issues Concerning the Application of the General Rules of the Contract Law of the Civil Code of the People's Republic of China" related to financial business, combined with the operating characteristics of the advisory unit, started from the differences and identification between reservation and main contract, the impact of standard terms on financial institutions and countermeasures, the identification of yin-yang contracts or contracts that are not worthy of their name in judicial practice, the relevant issues and strategies of ultra vires guarantee and ultra vires representation, the precautions for seals and authorization, and the related issues of financial non-performing asset disposal. He analyzed common problems in financial business, elaborated on the impact of the judicial interpretation of the general rules of the Civil Code contract law on financial business, and put forward corresponding prevention strategies.

"The Interpretation of the Supreme People's Court on Several Issues Concerning the Application of the General Rules of the Contract Law of the Civil Code of the People's Republic of China" is a new law that only came into effect on December 5, and some of its clauses provide rules and guidance for financial business. Our firm timely carries out targeted new law training activities for advisory units, aiming to continuously improve the service level and is committed to providing high-quality legal services for the development of enterprises.
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