Legal basis: Provisions of the Supreme People's Court on Several Issues Concerning the Implementation of Reconciliation.
Article 2 After reaching a settlement agreement, the people's court may order to suspend execution in any of the following circumstances:
(a) the parties submit a written settlement agreement to the people's court;
(2) One party submits a written settlement agreement to the people's court, which is recognized by other parties;
(three) the parties reached an oral settlement agreement, and the executor recorded the contents of the settlement agreement in the record, which was signed or sealed by all parties.
Article 3 After suspension of execution, the people's court may allow the person subjected to execution to apply for lifting the seal-up, seizure and freezing.
Article 4 An agent entrusted to perform the obligation of reconciliation shall have the special authorization of the principal.
Article 5 If the parties reach an agreement through consultation, they may modify the execution of the settlement agreement, and submit the modified agreement to the people's court, or the executor shall record the modified contents in the record, which shall be signed or sealed by all parties.
Article 6 If the parties reach a settlement agreement on paying debts in kind, the people's court shall not rule on paying debts in kind according to this agreement.
Article 7 During the execution of the settlement agreement, if the circumstances stipulated in Article 101 of the Contract Law are met, the debtor may apply to the relevant institution for escrow according to law; If the settlement agreement is executed to pay money, the debtor may also apply to the enforcement court for escrow.
Article 8 After the settlement agreement is executed, the people's court shall close the case and execute it.
Article 9 If the person subjected to execution fails to perform the execution settlement agreement, the applicant for execution may apply for resuming the execution of the original effective legal document, or bring a lawsuit to the execution court to perform the execution settlement agreement.
Article 10 The provisions of Article 239 of the Civil Procedure Law shall apply to the application for resuming the execution of the original legal documents.
If the parties fail to perform the execution settlement agreement, the time limit for applying for resumption of execution shall be counted from the last day of the performance period agreed in the execution settlement agreement.
Article 11 The application executor applies for resuming execution on the grounds that the person subjected to execution fails to perform the execution settlement agreement, and the people's court decides to resume execution if the reasons are established after examination; In any of the following circumstances, the ruling shall not be restored:
(1) Apply for resumption of execution after the execution of the settlement agreement;
(2) The time limit for performance agreed in the execution settlement agreement has not expired or the performance conditions have not been met, except for the circumstances stipulated in Article 108 of the Contract Law;
(3) The person subjected to execution is performing his obligations in accordance with the provisions of the settlement agreement;
(four) other circumstances that do not meet the conditions for resumption of execution.