Lex Cameroon

Acte uniforme portant organisation des procédures collectives d'apurement du passif › Title 7 › Chapter 1

SECTION 250

The creditor who, after the opening of reorganization or assets liquidation proceedings by the competent court of a State party, obtain, by any means, the complete or partial payment of his debt out of the debtor’s assets located on the territory of another State party, shall return to the trustee whatever he has obtained, without prejudice to retention of title clauses and actions for recovery. Whoever, on the territory of a State party, performs an act in favor of a debtor who is subject to bankruptcy proceedings open in another State party while he ought to have done so in favor of the trustee of the said bankruptcy proceedings, shall be discharged where he executed the said commitment before the publication formalities provided for in Article 248 of this Uniform act, except where it is proved that he otherwise had knowledge of the proceedings.
Unofficial translation Spot-checked In force from 10 September 2015 Source page 125

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