Lex Cameroon

Acte uniforme portant organisation des procédures collectives d'apurement du passif › Title 4 › Section 1

SECTION 205

Today
Where integrity is recognized, the following may be discharged: - any individual who has obtained a special arrangement from creditors and who has fully paid up the promised dividends; - Any individual who proves that creditors have consented to full debt forgiveness or to their unanimous consent to his rehabilitation. Top executives of legal entities may also be rehabilitated: - Against whom reorganization or assets liquidation has been pronounced and who find themselves meeting the conditions provided for in the first paragraph of Article 204 (1) above, and P. 113 of 139 - Against whom only personal bankruptcy has been pronounced where the legal entity in respect of which reorganization or assets liquidation has been pronounced who find themselves meeting the conditions provided for in the first paragraph of Article 204 (1) above.
Unofficial translation Transcription: Spot-checked In force from 24-12-2015 Source page 112

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 →

Cases of rehabilitation Personal bankruptcy and rehabilitation

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Official text Unreviewed pair

ARTICLE 205

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Section 205 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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