Lex Cameroon

Acte uniforme portant organisation des procédures collectives d'apurement du passif › Title 0 › Chapter 4 › Section 10

SECTION 118

Third parties, be creditors or not, who, due to their wrong doings, contributed to delay the insolvency, to reduce assets or to worsen liabilities of the debtor may be ordered to make good losses suffered by the body of creditors by a suit filed by the trustee acting in the common interest of the creditors. The competent court shall, to make good the losses suffered, choose the most appropriate solution, either authorizing payment of damages or forfeiture of their securities for creditors who hold such collateralsecurities.
Unofficial translation Spot-checked In force from 10 September 2015 Source page 77

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Texte français

This provision has no official French version. You can read an unofficial machine translation — for understanding only, never to quote.

Contents

Section 118 of the Acte uniforme portant organisation des procédures collectives d'apurement du passif /akn/ohada/act/loi/undated/aupcap-2015
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