Lex Cameroon

Acte uniforme portant organisation des procédures collectives d'apurement du passif › Title 2 › Chapter 2 › Section 4

SECTION 24-2

Today
P. 36 of 139 The debtor wishing to benefit from a simplified preventive settlement shall submit a petition under the conditions set forth in article 6 above, taking into account derogations granted to small enterprises. Notwithstanding the foregoing provision, the procedure may be opened even when an arrangement is not proposed. In conjunction with the petition stipulated in article 6 above, the debtor who meets the conditions for implementing the simplified preventive settlement shall provide a sworn statement so attesting.
Unofficial translation Transcription: Spot-checked In force from 24-12-2015 Source page 35

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 Preventive settlement Simplified preventive settlement

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ARTICLE 24-2

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Section 24-2 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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