The decision to close due to debts write-off shall entail the rehabilitation of the debtor where debts are written off under the conditions set forth in Article 178 above.
To be automatically rehabilitated, the member who is jointly and severally liable for the debts of a legal entity declared insolvent shall demonstrate that he has paid off, under the same conditions, all the debts of the legal entity, even where a special arrangementhadbeen granted.
Unofficial translation
Transcription: Spot-checked
In force from 24-12-2015
Source page 112
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 204 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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