Lex Cameroon

Acte uniforme portant organisation des procédures collectives d'apurement du passif › Title 0 › Section 11

SECTION 118

Any third party, creditor or not, who, through his wrongdoing, contributes towards the delay of the suspension of payments or the reduction of the assets of the debtor or to the increase of his liabilities, may be ordered to make good the loss suffered by the body of creditors upon an action instituted by the Bankruptcy Trustee acting in the common interest of the creditors. To make good the loss, the competent court shall choose the most appropriate solution, that is, either order the wrongdoer to pay compensation for the damage or where he is a creditor who holds guarantees, make him forfeit his securities.
Official translation Spot-checked In force from 10 April 1998 Source page 41

Spot-checked against the official gazette — not yet verified line by line. How Lex Cameroon marks its texts →

A question about this section?

Enter to send · Shift+Enter for a new line

Texte français

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

Contents

Section 118 of the Acte uniforme portant organisation des procédures collectives d'apurement du passif /akn/ohada/act/loi/undated/aupcap-1998
Report an error in this text