- where the price is paid cash or where, in the case where the purchaser is granted a time limit
for payment, the said time limit does not exceed two years and is backed by a joint guarantee
of a banking institution.
The debtor shall, with the assistance of the Bankruptcy Trustee, accomplish all the transfer
formalities.
Where no purchase offer is made before the meeting or where the offer made is deemed
unsatisfactory by the composition, the debtor may withdraw his offer to transfer. Where he
maintains the offer, the transfer shall be made at a later date under the conditions provided for
in Articles 160 et seq. below.
Official translation
Spot-checked
In force from 10 April 1998
Source page 46