Article 107 of the Civil Procedure Law establishes the foundational principle of contra-guarantee,and Article 167 of the Interpretation of the Civil Procedure Law provides detailed specifications for the substitution of preserved objects in contra-guaranteed scenarios.Contra-guarantee,offered by the debtor(the preserved party)or a third-party,serves as a substitute to alleviate enforcement measures such as seals on the extant preserved subject.The primary objective is to advance the interests of the debtor without detriment to the rights of the creditor(the preservation applicant).Contra-guarantee ap-plies to cases involving monetary claims or property preservation achievable through monetary means.It can take the form of property security,where the new preservation subject is commensurate in value,or guarantee security,contingent upon the third-party meeting statutory qualifications or demonstrating financial capacity and a commendable credit profile.A separate and standardized scrutiny process by the enforcement authority is mandated for contra-guarantees,distinct from reconsidera-tion or objection procedures applicable to preservation matters.The restorative effect of contra-guarantees reinstates the debt-or's disposal rights over the preserved subject without granting the creditor priority over the new preservation subject.
Contra-GuaranteeLifting of PreservationSubstitution of Preserved ObjectsPreservation Execution
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