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Bankruptcy Law

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • Introduction

  • Part 4: Court-supervised liquidation and professional recovery

    • Title 6: Simplified court-supervised liquidation

      • Chapter 1: Scope of application

      • Chapter 2: Terms and conditions of asset disposal

      • Chapter 3: Liability discharge procedures

      • Chapter 4: Duration of the procedure

      • Chapter 5: Remedies

960. Duration of the procedure

1 minute de lecture

Article L. 644-5 of the Commercial Code requires the court to close the court-supervised liquidation within six months of the decision ordering or deciding on the simplified procedure, with the debtor heard or duly appealed. This period may be concerned up to one year when the debtor employs at least two people, and when its sales (excluding tax) exceed EUR 300,000 . The court may, by a specially …

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