Bankruptcy Law
Auteur : Louis Vogel
Sommaire de l’ouvrage
Introduction
Part 1: Preventing difficulties
Part 2: Safeguard
Part 3: Judicial receivership
Title 1: Opening of the court-supervised liquidation
Title 2: Judicial liquidation judgment
Title 3: Realization of assets
Title 4: Settlement of liabilities
Title 5: Closure of court-supervised liquidation operations
Chapter 1: Scope of application
Chapter 2: Terms and conditions of asset disposal
Chapter 3: Liability discharge procedures
Chapter 5: Remedies
Title 7: Professional recovery
Part 5: Responsibilities and penalties
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 …