By derogation from the provisions of Article 147 above in the decision related to the request for simplified assets liquidation, the competent court shall determine the assets of the debtor that can be the subject of a private sale. The trustee shall execute the sale within ninety (90) days from the date of such decision. At the end of this period, the remaining assets shall be sold in auction.
Goods which could not be sold privately in the decision on the simplified assets liquidation shall be auctioned without delay.
Unofficial translation
Transcription: Spot-checked
In force from 24-12-2015
Source page 104
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 179-6 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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