The decision to open reorganization or assets liquidation proceedings shall imply a mortgage which the court registrar is required to register immediately on the immovable property of the debtor and on all property that he will acquire subsequently as he acquires assets.
Such mortgage shall be registered in accordance with the provisions related toland registration. It shall be ranked on the day when it was entered on the debtor's properties.
The trustee shall ensure compliance with this formality and, where necessary, he shall execute it himself.
Unofficial translation
Transcription: Spot-checked
In force from 24-12-2015
Source page 60
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
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