Only the trustee shall have the option to demand the execution of running contracts.
P. 73 of 139 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
Transcription: Spot-checked
In force from 24-12-2015
Source page 72
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
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Section 108 of the Acte uniforme portant organisation des procédures collectives d'apurement du passif/akn/ohada/act/loi/2015-09-10/aupcap-2015
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