Lex Cameroon

Acte uniforme portant organisation des procédures collectives d'apurement du passif

As amended to 10 September 2015

uniform_act In force from 2015-09-10 376 provisions

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TITLE 1 — JUDICIAL ADMINISTRATOR ................................................................................................... 9
CHAPTER 1 — GENERAL PROVISIONS ................................................................................................. 9
CHAPTER 2 — ACCESS TO THE FUNCTIONS OF JUDICIAL ADMINISTRATOR ........................ 10
CHAPTER 3 — CONDITIONS FOR PERFORMING THE DUTIES OF JUDICIAL
CHAPTER 4 — OVERSIGHT AND DISCIPLINE OF JUDICIAL ADMINISTRATORS ................... 12
CHAPTER 5 — RESPONSIBILITY AND PROFESSIONAL INSURANCE OF JUDICIAL
CHAPTER 6 — REMUNERATION OF JUDICIAL ADMINISTRATORS .......................................... 15
CHAPTER 7 — OPENING AND PROCEEDINGS OF THE SPECIAL ACCOUNT .......................... 17
TITLE 2 — PREVENTIVE PROCEDURES ................................................................................................ 17
CHAPTER 1 — CONCILIATION ............................................................................................................. 17
SECTION 1 — Commencement of conciliation ......................................................................................... 17
SECTION 2 — Execution and outcome of the conciliation ........................................................................ 20
CHAPTER 2 — PREVENTIVE SETTLEMENT ..................................................................................... 23
SECTION 1 — Commencement the preventive settlement ........................................................................ 23
SECTION 2 — Effects of the Arrangement ................................................................................................ 32
SECTION 3 — Enforcement Proceedings .................................................................................................. 34
SECTION 4 — Simplified preventive settlement ....................................................................................... 35
TITLE 0 — REORGANIZATION AND ASSETS LIQUIDATION ........................................................... 37
CHAPTER 1 — OPENING OF REORGANIZATION AND ASSETS LIQUIDATION .......................... 37
CHAPTER 2 — REORGANIZATIONAND ASSETS LIQUIDATION OFFICERS .............................. 45
SECTION 1 — Receiver ............................................................................................................................. 45
SECTION 2 — Trustee ............................................................................................................................... 46
SECTION 3 — Public Prosecutor ............................................................................................................... 48
SECTION 4 — Controllers ......................................................................................................................... 49
SECTION 5 — General Provisions ............................................................................................................. 50
CHAPTER 3 — EFFECTS OF THE DECISION TO OPEN A REORGANIZATION ON THE
SECTION 1 — Assistance or Divestiture of the Debtor ............................................................................. 51
SECTION 2 — Acts unenforceable to the body of creditors ...................................................................... 57
CHAPTER 4 — EFFECTS OF REORGANIZATION OPENING ON CREDITORS ........................... 60
SECTION 1 — Constitution of the body of creditors and suspensive effects ............................................. 60
SECTION 2 — Lodgement and verification of claims ............................................................................... 62
SECTION 5 — Right of termination and lien of the property lessor .......................................................... 67
SECTION 6 — Spouse’s rights ................................................................................................................... 69
SECTION 8 — Running contracts and layoffs .......................................................................................... 72
SECTION 9 — Continuation of the business activity ................................................................................ 75
SECTION 10 — Liability of third parties ................................................................................................... 77
CHAPTER 5 — SOLUTIONS OF REORGANIZATION AND ASSETS LIQUIDATION .................... 77
SECTION 1 — Solution of receivership ..................................................................................................... 77
SECTION 2 — Assets liquidation solution ................................................................................................ 91
SECTION 4 — Closure due to payment of debts ...................................................................................... 102
CHAPTER 6 — SPECIAL PROVISIONS GOVERNING TOP EXECUTIVES OF LEGAL ENTITIES
SECTION 1 — Debts settlement ............................................................................................................... 106
SECTION 2 — Extension of reorganization and assets liquidation proceedings to top executives of legal
TITLE 4 — PERSONAL BANKRUPTCY AND REHABILITATION ..................................................... 108
SECTION 1 — Cases of personal bankruptcy .......................................................................................... 108
SECTION 3 — Effects of personal bankruptcy ........................................................................................ 112
SECTION 1 — Cases of rehabilitation ...................................................................................................... 112
SECTION 2 — Procedure ......................................................................................................................... 113
SECTION 3 — Effects of rehabilitation .................................................................................................... 114
TITLE 6 — BANKRUPTCYANDOTHEROFFENCES ............................................................................ 118
CHAPTER 1 — BANKRUPTCYAND RELATED OFFENCES ............................................................. 118
SECTION 1 — Negligent bankruptcy and fraudulent bankruptcy ............................................................ 118
SECTION 2 — Bankruptcy related offences ............................................................................................ 119
TITLE 7 — INTERNATIONAL BANKRUPTCY PROCEEDINGS ...................................................... 124
CHAPTER 1 — RECOGNITION OF BANKRUPTCY PROCEEDINGS OPEN IN STATES PARTIES
CHAPTER 2 — RECOGNITION OF BANKRUPTCY PROCEEDINGS OPEN OUTSIDE OHADA
SECTION 1 — Purpose, scope and general provisions ............................................................................ 127
SECTION 2 — Access of foreign Representatives and foreign creditors to the competent courts of State
SECTION 3 — Recognition of foreign bankruptcy proceedings and available measures ........................ 131
SECTION 4 — Cooperation with foreign courts and foreign representatives .......................................... 136
SECTION 5 — Concurrent collective proceedings ................................................................................... 136
TITLE 8 — TRANSITIONAL AND FINAL PROVISIONS .................................................................. 139
SECTION 1
SECTION 1-1
SECTION 1-2
SECTION 1-3
SECTION 2
SECTION 3
SECTION 3-1
SECTION 3-2
TITLE 1 — JUDICIAL ADMINISTRATOR
CHAPTER 1 — GENERAL PROVISIONS
SECTION 4
CHAPTER 2 — ACCESS TO THE FUNCTIONS OF JUDICIAL ADMINISTRATOR
SECTION 4-1
SECTION 4-2
SECTION 4-3
CHAPTER 3 — CONDITIONS FOR PERFORMING THE DUTIES OF JUDICIAL ADMINISTRATOR
SECTION 4-4
SECTION 4-5hereinafter
CHAPTER 4 — OVERSIGHT AND DISCIPLINE OF JUDICIAL ADMINISTRATORS
SECTION 4-6
SECTION 4-7
SECTION 4-8
SECTION 4-9
SECTION 4-10
SECTION 4-11
CHAPTER 5 — RESPONSIBILITY AND PROFESSIONAL INSURANCE OF JUDICIAL ADMINISTRATORS
SECTION 4-12
SECTION 4-13
SECTION 4-14
SECTION 4-15
CHAPTER 6 — REMUNERATION OF JUDICIAL ADMINISTRATORS
SECTION 4-16
SECTION 4-17
SECTION 4-18
SECTION 4-19
SECTION 4-20
CHAPTER 7 — OPENING AND PROCEEDINGS OF THE SPECIAL ACCOUNT
SECTION 4-22
SECTION 4-23
TITLE 2 — PREVENTIVE PROCEDURES
SECTION 5
CHAPTER 1 — CONCILIATION
SECTION 1 — Commencement of conciliation
SECTION 5-1
SECTION 5-2
SECTION 5-3
SECTION 5-4
SECTION 2 — Execution and outcome of the conciliation
SECTION 5-5
SECTION 5-6
SECTION 5-7
SECTION 5-8
SECTION 5-9
SECTION 5-10
SECTION 5-11
SECTION 5-12
SECTION 5-13
SECTION 5-14
CHAPTER 2 — PREVENTIVE SETTLEMENT
SECTION 1 — Commencement the preventive settlement
SECTION 6
SECTION 6-1
SECTION 7
SECTION 8
SECTION 8-1
SECTION 9
SECTION 14hereinafter
SECTION 9-1
SECTION 10
SECTION 11
SECTION 11-1
SECTION 12
SECTION 13
SECTION 15
SECTION 16
SECTION 17
SECTION 2 — Effects of the Arrangement
SECTION 18
SECTION 19
SECTION 20
SECTION 21
SECTION 3 — Enforcement Proceedings
SECTION 22
SECTION 23
SECTION 23-1
SECTION 4 — Simplified preventive settlement
SECTION 24
SECTION 24-1
SECTION 24-2
SECTION 24-3
SECTION 24-4
SECTION 24-5
TITLE 0 — REORGANIZATION AND ASSETS LIQUIDATION
CHAPTER 1 — OPENING OF REORGANIZATION AND ASSETS LIQUIDATION
SECTION 25
SECTION 26
SECTION 27
SECTION 33-1
SECTION 28
SECTION 29
SECTION 30
SECTION 31
SECTION 32
SECTION 33
SECTION 34
SECTION 35
SECTION 36
SECTION 37
SECTION 38
CHAPTER 2 — REORGANIZATIONAND ASSETS LIQUIDATION OFFICERS
SECTION 1 — Receiver
SECTION 39
SECTION 40
SECTION 2 — Trustee
SECTION 41
SECTION 42
SECTION 43
SECTION 44
SECTION 45
SECTION 46
SECTION 3 — Public Prosecutor
SECTION 47
SECTION 4 — Controllers
SECTION 48
SECTION 49
SECTION 5 — General Provisions
SECTION 50
SECTION 51
CHAPTER 3 — EFFECTS OF THE DECISION TO OPEN A REORGANIZATION ON THE DEBTOR
SECTION 1 — Assistance or Divestiture of the Debtor
SECTION 52
SECTION 53
SECTION 54
SECTION 55
SECTION 56
SECTION 57
SECTION 58
SECTION 59
SECTION 60
SECTION 61
SECTION 62
SECTION 63
SECTION 64
SECTION 65
SECTION 66
SECTION 2 — Acts unenforceable to the body of creditors
SECTION 67
SECTION 68
SECTION 69
SECTION 70
SECTION 71
CHAPTER 4 — EFFECTS OF REORGANIZATION OPENING ON CREDITORS
SECTION 1 — Constitution of the body of creditors and suspensive effects
SECTION 72
SECTION 73
SECTION 74
SECTION 75
SECTION 75-1
SECTION 76
SECTION 76-1
SECTION 77
SECTION 2 — Lodgement and verification of claims
SECTION 78
SECTION 79
SECTION 80
SECTION 81
SECTION 82
SECTION 83
SECTION 84
SECTION 85
SECTION 86
SECTION 87
SECTION 88
SECTION 89
SECTION 90
SECTION 91
SECTION 92
SECTION 93
SECTION 94
SECTION 95
SECTION 96
SECTION 5 — Right of termination and lien of the property lessor
SECTION 97
SECTION 98
SECTION 6 — Spouse’s rights
SECTION 99
SECTION 100
SECTION 100-1
SECTION 101
SECTION 101-1
SECTION 101-2
SECTION 101-3
SECTION 102
SECTION 103
SECTION 104
SECTION 105
SECTION 106
SECTION 8 — Running contracts and layoffs
SECTION 107
SECTION 108
SECTION 109
SECTION 110
SECTION 111
SECTION 9 — Continuation of the business activity
SECTION 112
SECTION 113
SECTION 114
SECTION 115
SECTION 116
SECTION 117
SECTION 10 — Liability of third parties
SECTION 118
CHAPTER 5 — SOLUTIONS OF REORGANIZATION AND ASSETS LIQUIDATION
SECTION 1 — Solution of receivership Subsection 1: Development of the judicial Composition
SECTION 119
SECTION 119-1
SECTION 119-2
SECTION 119-3
SECTION 120
SECTION 121
SECTION 122
SECTION 123
SECTION 124
SECTION 125
SECTION 126
SECTION 127
SECTION 127-1
SECTION 128
SECTION 129
SECTION 130
SECTION 131
SECTION 132
SECTION 133
SECTION 134
SECTION 135
SECTION 136
SECTION 137
SECTION 138
SECTION 4 — 22 above, in their name and in their capacity as controller of the execution of the
SECTION 138-1
SECTION 139
SECTION 140
SECTION 141
SECTION 142
SECTION 143
SECTION 144
SECTION 144-1
SECTION 145
SECTION 145-1
SECTION 145-2
SECTION 145-3
SECTION 145-4
SECTION 145-5
SECTION 145-6
SECTION 145-7
SECTION 145-8
SECTION 145-9
SECTION 2 — Assets liquidation solution
SECTION 146
SECTION 146-1
SECTION 147
SECTION 148
SECTION 149
SECTION 150
SECTION 151
SECTION 152
SECTION 153
SECTION 154
SECTION 154-1
SECTION 155
SECTION 156
SECTION 157
SECTION 158
SECTION 159
SECTION 160
SECTION 161
SECTION 162
SECTION 163
SECTION 164
SECTION 165
SECTION 166
SECTION 167
SECTION 168
SECTION 169
SECTION 170
SECTION 171
SECTION 172
SECTION 173
SECTION 174
SECTION 175
SECTION 176
SECTION 177
SECTION 4 — Closure due to payment of debts
SECTION 178
SECTION 178-1
SECTION 179
SECTION 179-1
SECTION 179-2
SECTION 179-3
SECTION 179-4
SECTION 179-5
SECTION 179-6
SECTION 179-7
SECTION 179-8
SECTION 179-9
SECTION 179-10
CHAPTER 6 — SPECIAL PROVISIONS GOVERNING TOP EXECUTIVES OF LEGAL ENTITIES
SECTION 180
SECTION 181
SECTION 182
SECTION 1 — Debts settlement
SECTION 183
SECTION 184
SECTION 185
SECTION 186
SECTION 187
SECTION 188
SECTION 2 — Extension of reorganization and assets liquidation proceedings to top
SECTION 189
SECTION 190
SECTION 191
SECTION 192
SECTION 193
TITLE 4 — PERSONAL BANKRUPTCY AND REHABILITATION
SECTION 194
SECTION 195
SECTION 1 — Cases of personal bankruptcy
SECTION 196
SECTION 197
SECTION 198
SECTION 199
SECTION 200
SECTION 201
SECTION 202
SECTION 3 — Effects of personal bankruptcy
SECTION 203
SECTION 1 — Cases of rehabilitation
SECTION 204
SECTION 205
SECTION 206
SECTION 207
SECTION 2 — Procedure
SECTION 208
SECTION 209
SECTION 210
SECTION 211
SECTION 212
SECTION 213
SECTION 214
SECTION 3 — Effects of rehabilitation
SECTION 215
SECTION 216
SECTION 217
SECTION 218
SECTION 219
SECTION 220
SECTION 221
SECTION 222
SECTION 223
SECTION 224
SECTION 225
TITLE 6 — BANKRUPTCYANDOTHEROFFENCES
CHAPTER 1 — BANKRUPTCYAND RELATED OFFENCES
SECTION 226
SECTION 1 — Negligent bankruptcy and fraudulent bankruptcy
SECTION 227
SECTION 228
SECTION 229
SECTION 2 — Bankruptcy related offences
SECTION 230
SECTION 231
SECTION 232
SECTION 233
SECTION 234
SECTION 235
SECTION 236
SECTION 237
SECTION 238
SECTION 239
SECTION 240
SECTION 241
SECTION 242
SECTION 243
SECTION 244
SECTION 245
SECTION 246
TITLE 7 — INTERNATIONAL BANKRUPTCY PROCEEDINGS
CHAPTER 1 — RECOGNITION OF BANKRUPTCY PROCEEDINGS OPEN IN STATES PARTIES
SECTION 247
SECTION 248
SECTION 249
SECTION 250
SECTION 251
SECTION 252
SECTION 252-1
SECTION 253
SECTION 254
SECTION 255
CHAPTER 2 — RECOGNITION OF BANKRUPTCY PROCEEDINGS OPEN OUTSIDE OHADA SPACE
SECTION 1 — Purpose, scope and general provisions
SECTION 256
SECTION 256-1
SECTION 256-2
SECTION 256-3
SECTION 256-4
SECTION 256-5
SECTION 256-6
SECTION 256-7
SECTION 2 — Access of foreign Representatives and foreign creditors to the competent
SECTION 256-8
SECTION 256-9
SECTION 256-10
SECTION 256-11
SECTION 256-12
SECTION 256-13
SECTION 3 — Recognition of foreign bankruptcy proceedings and available measures
SECTION 256-14
SECTION 256-15
SECTION 256-16
SECTION 256-17
SECTION 256-18
SECTION 256-19
SECTION 256-20
SECTION 256-21
SECTION 256-22
SECTION 256-23
SECTION 4 — Cooperation with foreign courts and foreign representatives
SECTION 256-24
SECTION 256-25
SECTION 256-26
SECTION 5 — Concurrent collective proceedings
SECTION 256-27
SECTION 256-28
SECTION 256-29
SECTION 256-30
SECTION 256-31
TITLE 8 — TRANSITIONAL AND FINAL PROVISIONS
SECTION 257
SECTION 258

Acte uniforme portant organisation des procédures collectives d'apurement du passif

A question about this law?

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