Lex Cameroon

Acte uniforme portant organisation des procédures collectives d'apurement du passif › Title 0 › Section 10

SECTION 112

In the case of receivership and unless otherwise decided by the Judge Administrator, the activity of the company shall be continued with the assistance of the Bankruptcy Trustee for an unspecified duration. The Bankruptcy Trustee shall, at the end of each period fixed by the Judge Administrator and at least every three months, forward the results of the business operations of the company to the Judge Administrator and to the representative of the Legal Department. He shall, in addition, mention the amount of money deposited into the account of the collective proceedings initiated under the conditions laid down in Article 45 above. The Judge Administrator may at any time stop the company from continuing its activity after hearing the Bankruptcy Trustee who he shall summon in the manner and within the time limits to be determined by him. He may, where necessary, also hear the creditor and controller who so request by a reasoned declaration deposited at the court registry and forthwith notified on him. Where it is deemed necessary, the Judge Administrator shall cause the court registrar to summon the creditor and controller within a period of eight days by registered mail or by any means with written proof thereof. He shall hear them and draw up a report of their statements. The Judge Administrator shall rule within a period of eight days following the hearing of the Bankruptcy Trustee, the creditor and the controller.
Official translation Spot-checked In force from 10 April 1998 Source page 39

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Texte français

This provision has no official French version. You can read an unofficial machine translation — for understanding only, never to quote.

Refers to

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Section 112 of the Acte uniforme portant organisation des procédures collectives d'apurement du passif /akn/ohada/act/loi/undated/aupcap-1998
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