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Bankruptcy Law

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • Introduction

  • Part 3: Judicial receivership

    • Title 2: Observation period

      • Chapter 1: Administration of the business

        • Section 1: Management powers of the debtor

          • I: In the absence of a receiver

          • III: Acts subject to authorization by the bankruptcy judge

            • A: Disposals outside everyday management

            • B: Conventional security interests

            • C: Compromise or transaction

            • D: Payments necessary for the continuation of the business

            • E: Penalties for failure to obtain authorization

          • IV: Remuneration and subsidies

      • Chapter 2: Inventory

      • Chapter 8: Closure for the purpose of paying off creditors

    • Title 3: Drawing up the economic, social and environmental balance sheet

358. Nullity of act or payment

1 minute de lecture

Article L. 622-7, III of the Commercial Code, applicable to the receivership procedure by virtue of Article L. 631-14, provides that “[a]ny act or payment made in breach of the provisions of this article shall be cancelled at the request of any interested party or the public prosecutor”. Consequently, in the absence of prior authorization from the bankruptcy judge, the declaration by which the deb …

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