Lex Cameroon

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

SECTION 173

Today
Where due to insufficient funds the assets liquidation operations are not undertaken or completed, the competent court, based on the report of the receiver, may, at any time, decree the close of operations due to insufficient assets, at the request of any interested party or even on his own motion. The decision shall be published under the conditions provided for in articles 36 and 37 above.
Unofficial translation Transcription: Spot-checked In force from 24-12-2015 Source page 101

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 →

Assets liquidation solution Preventive procedures Solutions of reorganization and assets liquidation

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Official text Unreviewed pair

ARTICLE 173

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Section 173 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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