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Firm fined 200,000 yuan for forging court evidence
By Zhao Wen |
June 5, 2012, Tuesday
|
Online Edition
Online Edition
A local investment company was fined 200,000 yuan (US$3.14 million) for providing forged documents as court evidence -- the first time a Shanghai court slapped such a hefty fine.
The company, its name not revealed, filed a lawsuit in the Yangpu District People's Court against three people who failed to pay 10 million yuan they borrowed to buy apartments in the Fortune International Plaza in September 2010.
The company also failed to get back money from the loan guarantor surnamed Shen as Shen's guarantor period had expired by the time the case was accepted, the court said.
To recover its money, the company altered the original copy of the loan contract by erasing Shen's name as the guarantor and adding Shen to the list of debtors.
The judge of the case discovered the forgery in a hearing and imposed a fine on the company.
A company that provides forged evidences could face up to 300,000 yuan in fine; and offenders could face a detention of less than 15 days, according to the Amendment of the Chinese Civil Procedure Law that took effect in 2008.
The company, its name not revealed, filed a lawsuit in the Yangpu District People's Court against three people who failed to pay 10 million yuan they borrowed to buy apartments in the Fortune International Plaza in September 2010.
The company also failed to get back money from the loan guarantor surnamed Shen as Shen's guarantor period had expired by the time the case was accepted, the court said.
To recover its money, the company altered the original copy of the loan contract by erasing Shen's name as the guarantor and adding Shen to the list of debtors.
The judge of the case discovered the forgery in a hearing and imposed a fine on the company.
A company that provides forged evidences could face up to 300,000 yuan in fine; and offenders could face a detention of less than 15 days, according to the Amendment of the Chinese Civil Procedure Law that took effect in 2008.
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