In reorganization proceedings, the activity of the company shall continue with the assistance of the trustee.
In the report provided for in article 43 (5) above, the trustee shall communicate the results of the operations of the company to the receiver and send a copy to the public prosecutor.
The competent court, seized by the trustee, a creditor controller, or by the public prosecutor, may, at any time and following the report of the receiver, apply Article 33 (5) above. Where appropriate, it may hear the creditors and controllers who have filed the request with a reasoned statement deposited to the court registry. If the court deems it necessary, it shall convene, through the court registrar, those creditors and controllers, at the latest within eight (08) days, by hand-delivered letter against a receipt or by registered mail with acknowledgement of receipt or by any written means. A hearing shall be held and minutes of their statements drawn.
The competent court shall rule the latest within eight (8) days following the hearing of the receiver, the creditors and the controllers.
Unofficial translation
Transcription: Spot-checked
In force from 24-12-2015
Source page 75
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
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Section 112 of the Acte uniforme portant organisation des procédures collectives d'apurement du passif/akn/ohada/act/loi/2015-09-10/aupcap-2015
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