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