Lex Cameroon

Acte uniforme portant organisation des procédures collectives d'apurement du passif › Title 7 › Chapter 2 › Section 1

SECTION 256-1

Today
The provisions of this chapter shall apply when: 1) assistance is sought in a State Party by a foreign court or a foreign representative, as defined in article 1-3 above, in relation to a foreign bankruptcy proceedings; 2) assistance is sought in a foreign State in relation to a bankruptcy proceedingsopen pursuant to this Uniform act; 3) a foreign bankruptcy proceedings and a collecting proceedings open pursuant to this Uniform act in relation with the same debtor are open concurrently; 4) Creditors and other interested parties of a foreign State need to open a bankruptcyproceedings, or be part of such procedure pursuant tothis Uniform act. P. 128 of 139 The provisions of Chapter II of Title VI of this Uniform act shall not govern a bankruptcyproceedings in relation with debtors engaged in an activity referred to paragraph 2 of Article 1-1 above.
Unofficial translation Transcription: Spot-checked In force from 24-12-2015 Source page 127

The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision. How Lex Cameroon marks its texts →

International bankruptcy proceedings Purpose, scope and general provisions Recognition of bankruptcy proceedings open outside ohada space

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ARTICLE 256-1

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Section 256-1 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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