Lex Cameroon

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

SECTION 43

The Bankruptcy Trustee shall represent the creditors subject to the provisions of Articles 52 and 53 below. He shall have the rights of a paid agent and without prejudice to his criminal responsibility, shall be civilly liable for his wrongful acts under the provisions of the ordinary law. Where several Bankruptcy Trustees have been appointed, they shall act collectively. However, depending on the circumstances, the Judge Administrator may give one or more of them the authority to act individually; in this case, only the Bankruptcy Trustee with such authority shall be personally liable for his wrongful act. Any petition filed against any of the liquidation operations carried out by the Bankruptcy Trustee, shall be referred to the Judge Administrator who shall render a decision on it under the conditions laid down by Article 40 above. The Bankruptcy Trustee shall make periodic reports on his mission and the conduct of the collective proceedings to the Judge Administrator at such intervals as may be defined by the latter. Failing that, he shall make his report once every monthly and, whenever the Judge Administrator so demands.
Official translation Spot-checked In force from 10 April 1998 Source page 20

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Texte français

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Section 43 of the Acte uniforme portant organisation des procédures collectives d'apurement du passif /akn/ohada/act/loi/undated/aupcap-1998
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