Lex Cameroon

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

SECTION 85

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Where the claim or security is challenged or disputed in whole or in part, the trustee shall notify, on the one hand, the receiver and on the other hand, the creditor concerned, by hand-delivered letter against a receipt or by registered mail with acknowledgement of receipt or by any means in writing. Such notice shall state the object and reason for the challenge or dispute, and the amount of the claim for which acceptance has been proposed, and shall contain a full reproduction of this Article. The creditor shall have thirty (30) days effective on the date of receipt of such notice to give his written or verbal explanations to the receiver. Passed this deadline, he may no longer challenge the trustee’s proposal. That time limit shall be extended to sixty (60) days for creditors who reside outside the national territory where the bankruptcy proceedings have been initiated. However, tax, customs and labor claims may be disputed only under the conditions laid down in instruments applicable to them respectively.
Unofficial translation Transcription: Spot-checked In force from 24-12-2015 Source page 64

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 →

Effects of reorganization opening on creditors Lodgement and verification of claims Preventive procedures

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ARTICLE 85

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Section 85 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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