SECTION 52

The decision ordering receivership proceedings shall as of right entail the compulsory assistance of the debtor in every act concerning the administration and disposal of his property, from the date of the said decision to the date of the decision to approve of the composition agreement or the conversion of receivership proceedings into liquidation proceedings, otherwise the said act shall have no binding effect. However, the debtor may alone validly perform acts to safeguard his property and those acts necessary for the daily management of the company and which are within the framework of the habitual activities of the company, in accordance with the practices of the profession, provided that he shall give an account of such acts to the Bankruptcy Trustee. Where the debtor or the manager of the company refuses to perform an act which is necessary to safeguard the estate, the Bankruptcy Trustee may on his own perform the act, provided that he is so authorized by the Judge Administrator. The same shall apply, particularly where it concerns taking preventive measures, recovering bills and payable debts, selling objects whose preservation is expensive or objects about to perish or suffer from imminent depreciation and instituting or following up of actions relating to movable or immovable property. Where the Bankruptcy Trustee refuses to assist the debtor or the manager of a company in the administration or disposal of his assets the latter or the Controller may compel him to do so by obtaining an order of the Judge Administrator given under the conditions laid down in Articles 40 and 43 above.