The proposed judicial composition may include proposals for debt-for-equity swap giving or that may give access to the share capital of the debtor company. These swaps cannot be imposed on
creditors. The trustee shall record in writing the agreement of each creditor whose claim is
admitted and who accepts such a swap.
P. 79 of 139
Unofficial translation
Transcription: Spot-checked
In force from 24-12-2015
Source page 78
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
How Lex Cameroon marks its texts →
Section 119-3 of the Acte uniforme portant organisation des procédures collectives d'apurement du passif/akn/ohada/act/loi/2015-09-10/aupcap-2015
Report an error in this text
AI features are in beta
Where an official English or French text exists, we show it; where none does, we give
a translation, clearly marked as one and never presented as the official text. We make
every AI feature as accurate as we can, but it can be wrong and is not legal advice —
always check the cited official text.