Evergrande Property Services has filed a lawsuit against China Evergrande to recoup pledge guarantees on deposit certificates worth 11.4 billion yuan ($1.59 billion).
The complaints, which also include Hengda Real Estate and other China Evergrande subsidiaries, are filed in front of a high-profile case.
The Guangzhou Intermediate People’s Court has recognized the filing of the charges.
Evergrande Property Services has also been issued tax notices for failing to produce supporting documentation for bad debt losses and tax deductions for deposits totaling 13.4 billion yuan between 2021 and 2023.