The liquidation of assets shall put an end to the business activity of the debtor company.
Exceptionally, if the public interest or that of creditors so requires, the competent court may authorize, in the judgment ordering the liquidation of assets, a provisional continuation of the business for a maximum of sixty (60) days. It can renew that period once (01), for the same duration, at the request of the trustee and after receiving the opinion of the public prosecutor.
If case of a provisional continuation of the business, Article 112 (2) above shall apply, but the trustee must then submit a report each month to the receiver and the public prosecutor.
Unofficial translation
Transcription: Spot-checked
In force from 24-12-2015
Source page 75
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 113 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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