SEIZING THE MOVABLE FUNDS AND EXECUTING THEM FOR SALE IN ACCORDANCE WITH THE RULES OF THE JORDANIAN RIGHTS GUARANTEE LAW OF 2208

Abstract

Legal rules reflect the extent to which the judicial and legislative authorities care about the rights of citizens and their regularity in dealings with each other and with the financial, legal and governmental authorities in a country. Therefore, any legal violations are followed by serious measures that work to curb and stop them to restore rights to their owners. The seizure of movable funds is one of the legal procedures that work to fulfill the rights and abide by what is required of individuals towards each other and towards the financial institutions that assist them in commercial and other operations. This topic is based on a statement of the definition of seizure of movable properties, the enforcement of movable properties through sale, and the procedures followed for implementation. The study concluded the following: the seizure of movable funds and execution of it by sale is one of the most important elements and provisions of Law No. 20 of 2018, and that there are a set of conditions that must be followed and the limitations required by this law. Also, the seizure is necessary for the expropriation of property from people in order to fulfill rights and ensure the operation of the law. This study recommends conducting specialized studies on the effectiveness of the law of seizure of movables to know its suitability.