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REPLY OF THE SUPREME PEOPLE'S COURT ON WHETHER REAL ESTATE ADMINISTRATIVE ORGANS MAY NULLIFY THEIR ADMINISTRATIVE ACTS AS ERRONEOUSLY CANCELING A REGISTRATION OF MORTGAGE |
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(Announcement of the Supreme People's Court of the People's Republic of China, November 17, 2003: The Reply of the Supreme People's Court on Whether Real Estate Administrative Organs May Nullify their Administrative Acts as Erroneously Canceling a Registration of Mortgage has been adopted on October 14, 2003 at the 1293rd Meeting of the Judicial Committee of the Supreme People's Court, and is hereby promulgated and shall come into force as of November 20, 2003) |
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SUBJECT : LEGAL INTERPRETATION; REGISTRATION OF MORTGAGE |
ISSUING DEPARTMENT : THE SUPREME PEOPLE'S COURT OF THE PEOPLE'S REPUBLIC OF CHINA |
ISSUE DATE : 11/17/2003 |
IMPLEMENT DATE : 11/20/2003 |
LENGTH : 95 words |
TEXT : |
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The Report for Instructions concerning the Appeal Case of Shouzhang Electromechanical Equipment Trading Co., Ltd. v. Liuzhou Municipal Bureau of Real Estate for Disagreeing with the Latter's Canceling the Registration of Mortgage and Revoking No. [1997] 0410 Certificate of Miscellaneous Rights to the Building Issued by Liuzhou Municipal Bureau of Real Estate and for Requesting the Reissue of the Same Certificate, as submitted by your court has been received. After consideration, the reply is hereby given as follows:
Any real estate administrative organ may nullify its administrative act as erroneously canceling a registration of mortgage.
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