The trustees of the main and secondary bankruptcy proceedings are bound by a mutual information exchange duty. They shall exchange all information, without delay, which may be
P. 126 of 139 useful for other proceedings, in particular the status on filing and verifying claims and measures aimed at putting an end to the bankruptcy proceedings for which they are appointed.
The trustee of the secondary bankruptcy proceedings shall, at the right time, enable the trustee of the main bankruptcy proceedings to present proposals on the close of the secondary bankruptcy proceedings or any use of assets of the secondary bankruptcy proceedings.
Non-compliance with these obligations shall put the trustees at risk of civil liability suits.
Unofficial translation
Transcription: Spot-checked
In force from 24-12-2015
Source page 125
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
How Lex Cameroon marks its texts →
Section 252 of the Acte uniforme portant organisation des procédures collectives d'apurement du passif/akn/ohada/act/loi/2015-09-10/aupcap-2015
Report an error in this text
AI features are in beta
Where an official English or French text exists, we show it; where none does, we give
a translation, clearly marked as one and never presented as the official text. We make
every AI feature as accurate as we can, but it can be wrong and is not legal advice —
always check the cited official text.