Where there has been an irresponsible bid, the procedure shall be ruled before the competent court within the jurisdiction in which the notary who made the sale resides. The certificate establishing that the highest bidder has not fulfilled the clauses and conditions of the sale shall be issued by the trustee.
The minutes of the tender shall be deposited at the registry of the competent court.
P. 97 of 139 Paragraph 4: Special provisions for the property private sale
Unofficial translation
Transcription: Spot-checked
In force from 24-12-2015
Source page 96
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 158 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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