Lex Cameroon

Acte uniforme portant organisation des procédures collectives d'apurement du passif › Title 3 › Chapter 2 › Section 1

SECTION 204

Where debts are cleared under the conditions laid down in Article 178 above the decision to close collective proceedings as a result thereof shall entail the discharge of the debtor. To be discharged as of right, a partner who is jointly and severally liable for the debts of a company declared insolvent shall show proof that even though he was granted a special composition agreement, he has paid under the same conditions, all the debts of the company.
Official translation Spot-checked In force from 10 April 1998 Source page 63

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Section 204 of the Acte uniforme portant organisation des procédures collectives d'apurement du passif /akn/ohada/act/loi/undated/aupcap-1998
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