Lex Cameroon

Acte uniforme portant organisation des procédures collectives d'apurement du passif › Title 0 › Chapter 6 › Section 1

SECTION 185

The competent court may enjoin the top executives liable, in whole or in part, for the debts of the legal entity to assign their equity interests, capital securities or securities giving access to capital thereof or order compulsory assignment by the trustee, where necessary, after valuation. The proceeds of the sale shall be allocated to the payment of some of the debts of the legal entity incurred by its top executives.
Unofficial translation Spot-checked In force from 10 September 2015 Source page 106

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Texte français

This provision has no official French version. You can read an unofficial machine translation — for understanding only, never to quote.

Contents

Section 185 of the Acte uniforme portant organisation des procédures collectives d'apurement du passif /akn/ohada/act/loi/undated/aupcap-2015
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