From the time the decision to open collective proceedings against a company is taken, the rightful
or de facto manager, apparent or hidden, paid or not, shall not transfer company shares, stocks
or any other company rights; any such transfer shall be with the authorization of the Judge
Administrator and under the conditions determined by him, under pain of the said transfer being
declared null and void.
Whenever the competent court finds there is intermeddling in the management of the company
it shall declare the non-transferability of the company rights to the intermeddler.
Official translation
Spot-checked
In force from 10 April 1998
Source page 24