The court or the competent authority who heard the conciliation shall be the only competent body to be informed of any breach of the agreement and to pronounce the cancellation thereof. It shall be seized by one of the parties to the agreement.
If cancellation is pronounced, creditors shall recover all their claims, minus sums already received.
P. 23 of 139
Unofficial translation
Transcription: Spot-checked
In force from 24-12-2015
Source page 22
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 5-13 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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