Except upon a reasoned authorization of the President of the competent court, the preventive
settlement decision shall, under pain of the debtor not being allowed to plead any right, preclude
him from:
- paying either in whole or in part, debts contracted prior to the decision to suspend individual
lawsuits covered by the decision;
- taking measures that are unrelated to the normal operations of the company or granting
securities.
The debtor shall also be prohibited from paying off the securities given for debts contracted
prior to the decision provided for under Article 8 above.
Official translation
Spot-checked
In force from 10 April 1998
Source page 11