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Bankruptcy Law

Auteur : Louis Vogel

Sommaire de l’ouvrage

  • Introduction

  • Part 3: Judicial receivership

    • Title 2: Observation period

      • Chapter 2: Inventory

      • Chapter 7: Reconstitution of assets

        • Section 2: Nullities of the suspect period

          • I: Types of actions

            • A: Legal nullities

              • 1°: Determination of the suspect period

              • 2°: Prohibited acts

                • a): Gratuitous acts

                • b): Unbalanced commutative contracts

                • c): Payments of unmatured debts

                • d): Payments not commonly accepted in business relationships

                • e): Deposits and consignments

                • f): Provision of security for prior debts

                • g): Conservatory measures

                • h): Options transactions

                • i): Trust agreement

                • j): Sole trader

                • k): Declaration of unseizability

            • C: Acts not affected by nullity

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

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

472. Payments not commonly accepted in business relationships

1 minute de lecture

Article L. 632-1, I, 4°, of the Commercial Code renders null and void any payment for overdue debts made otherwise than in cash, commercial paper, bank transfers, Dailly assignment slips or any other method of payment commonly accepted in business relations, where such payment has been made since the date of cessation of payments. The aim is to penalize debtors who try to give one of their credito …

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