Lex Cameroon

Acte uniforme portant organisation des procédures collectives d'apurement du passif › Title 2 › Chapter 4 › Section 1

SECTION 77

Today
The decision to open reorganization or assets liquidation proceedings shall stop the accruing of legal and contractual interests, all interests and service charges for late payment of all claims whether they are secured or not. However, with regards to interests from loan agreements entered into for a duration equal to or longer than one (1) year or loan agreements with a deferred payment of one year or more, interest shall continue to accrue during the reorganization proceedings. P. 62 of 139
Unofficial translation Transcription: Spot-checked In force from 24-12-2015 Source page 61

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 →

Constitution of the body of creditors and suspensive effects Effects of reorganization opening on creditors Preventive procedures

A question about this section?

Enter to send · Shift+Enter for a new line

Texte français

Official text Unreviewed pair

ARTICLE 77

Contents

Section 77 of the Acte uniforme portant organisation des procédures collectives d'apurement du passif /akn/ohada/act/loi/2015-09-10/aupcap-2015
Report an error in this text