Lex Cameroon

Acte uniforme portant organisation des procédures collectives d'apurement du passif › Title 0 › Chapter 5 › Section 2

SECTION 165

After deducting expenses and charges incurred for liquidation as well as aid which would have been granted to the debtor or to his family, the balance shall be distributed among all the creditors whose claim has been checked and accepted. The portion of the funds corresponding to claims which are still in dispute and especially the share corresponding to the remuneration of the company manager whose situation is yet to be determined, shall be put aside. The expenses and charges incurred during liquidation, including the Bankruptcy Trustee’s fees, shall be deducted from the assets in proportion to the value of each item of the assets to all the assets as a whole.
Official translation Spot-checked In force from 10 April 1998 Source page 55

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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 165 of the Acte uniforme portant organisation des procédures collectives d'apurement du passif /akn/ohada/act/loi/undated/aupcap-1998
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