Lex Cameroon

Acte uniforme portant organisation des procédures collectives d'apurement du passif › Title 0 › Chapter 4 › Section 8

SECTION 108

Only the trustee shall have the option to demand the execution of running contracts. He may be formally notified by the other contractual party by hand-delivered letter against a receipt or by registered mail with request for acknowledgement of receipt or by any written means to take action on the pursuance of running contracts. Such formal notice shall be valid for thirty (30) days from the receipt thereof by the trustee. Where the trustee requires the pursuance of a running contract, he shall provide the service promised to the other party and the latter shall fulfill his obligations despite failure of the debtor to fulfill his commitments prior to the decision to open the bankruptcy proceedings. Subject to this, the contract shall be executed under the conditions in force on the day of the opening of bankruptcy proceedings notwithstanding any repugnant clause.
Unofficial translation Spot-checked In force from 10 September 2015 Source page 72

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.

Cited by

Contents

Section 108 of the Acte uniforme portant organisation des procédures collectives d'apurement du passif /akn/ohada/act/loi/undated/aupcap-2015
Report an error in this text