P. 36 of 139 The debtor wishing to benefit from a simplified preventive settlement shall submit a petition under the conditions set forth in article 6 above, taking into account derogations granted to small enterprises.
Notwithstanding the foregoing provision, the procedure may be opened even when an arrangement is not proposed.
In conjunction with the petition stipulated in article 6 above, the debtor who meets the conditions for implementing the simplified preventive settlement shall provide a sworn statement so attesting.
Unofficial translation
Transcription: Spot-checked
In force from 24-12-2015
Source page 35
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 24-2 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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