Research On Forced Auction

Mandatory Auction is a kind of typical compulsory measure (mandatory measure) for the purpose of clearing off debt. And it is also an important component part of the compulsory measure in Chinas administration of justice. Different from the sale, bid and realization, Mandatory Auction is a particular sale with public quality, quality of multipartite subject and quail of procedure by operation of law. Aiming at the contradictions and conflicts between legislation and practice in present mandatory auction business in our country. This paper makes researches into the legal quality, auction procedure of Mandatory Auction and the mandatory auction of some special-type property. By these researches we can gain a overall and macroeconomic knowledge of the legal position and characteristics of Mandatory Auction action better and promote the establishment of Mandatory Auction System.