Lex Cameroon

Acte uniforme portant organisation des procédures collectives d'apurement du passif › Title 2 › Chapter 5 › Section 1

SECTION 124

Today
At the meeting, the trustee shall submit a report on the proposed judicial composition and the economic and social assessment, formalities which have been fulfilled, the operations carried out as well as the results obtained during the continuation of the business. P. 81 of 139 A financial statement drawn up at the close of the last day of the elapsed month shall be appended to the report. The statement shall state the available or realizable assets, the unsecured debts and those guaranteed by a special secured debtor a general lien. The trustee's signed report shall be submitted to the competent court which shall receive it after hearing the receiver’s observations on the nature of the reorganization and on the admissibility of the composition. The public prosecutor shall present his oral or written conclusions.
Unofficial translation Transcription: Spot-checked In force from 24-12-2015 Source page 80

The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision. How Lex Cameroon marks its texts →

Preventive procedures Solution of receivership Subsection 1: Development of the judicial Composition Solutions of reorganization and assets liquidation

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ARTICLE 124

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Section 124 of the Acte uniforme portant organisation des procédures collectives d'apurement du passif /akn/ohada/act/loi/2015-09-10/aupcap-2015
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