Lex Cameroon

Acte uniforme portant organisation des procédures collectives d'apurement du passif › Title 0 › Chapter 2 › Section 4

SECTION 49

Controllers shall assist the trustees in the performance of their duties and the receiver in his mandate to oversee the implementation of the reorganization or assets liquidation proceedings and to further the interests of the creditors. They shall always be entitled to verify the books and the state of affairs presented by the debtor, enquiry about the progress of the procedure, the trustee’s activities as well as proceeds and payments made. Controllers shall be compulsorily consulted for the continuation of the business activity of the company while they are verifying claims and on the occasion of the realization of the assets of the debtor. Without prejudice to privileges they enjoy pursuant to Article 72 hereinafter, controllers may inform the receiver on all disputes, who shall act in accordance with the provisions of Article 40 above. The duties of controllers shall be performed pro-bono and personally by the controllers. Controllers shall be liable for their misconduct.
Unofficial translation Spot-checked In force from 10 September 2015 Source page 49

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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.

Refers to

Contents

Section 49 of the Acte uniforme portant organisation des procédures collectives d'apurement du passif /akn/ohada/act/loi/undated/aupcap-2015
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