The debtor or one or more of its creditors shall file a petition or a joint petition before the president of the competent court. This petition shall outline the difficulties as well as the means to cope therewith.
The request shall be accompanied by the following documents dated less than thirty (30) days:
1) a certificate of incorporation, registration or declaration of an activity in the Register or in a professional association or order or any other documents proving that the activity was actually carried out by the debtor;
2) where applicable, the summary financial statements containing the balance sheet, income
statement, a financial table of supplies and jobs, the annex statement and, in any case, the turnover amount and a statement of profits or losses for the last three years;
3) cash position and a state of the exact amount of claims and debts with their maturity dates;
4) a document stating the number of workers declared and registered as of the date of the petition;
5) a certificate from the debtor in which he declares in honor that he is not insolvent and specifies, furthermore, that he is not subject to a preventive settlement, reorganization or liquidation of assets proceedingsthat is pending;
6) if the debtor proposes a conciliator, a document stating the full names, title and domicile of the proposed person and a certificate of his professional credentials;
7) Where appropriate, a document stating the full names and domicile of the creditors who join the debtor’s petition, the amount of their claims and possible related securities.
These documents shall be dated, signed and certified compliant and true by the applicant. Where one of the above documents cannot be provided, or may be only provided incompletely, the petition shall state the reasons thereof.
Unofficial translation
Transcription: Spot-checked
In force from 24-12-2015
Source page 18
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 →