Public sales and sales by auction after cessation of trade, or in other cases of necessity the assessment of which is submitted to the Commercial Court, may only take place insofar as they have been previously authorised by the Commercial Court, at the request of the merchant-owner, to which a detailed statement of the goods is attached.
The court notes, by its judgment, the fact which gives rise to the sale; it indicates the place in the district where the sale takes place; it may even order that the auctions take place only by lots, the size of which it fixes.
It decides who, of the sworn merchandise brokers, judicial auctioneers or other public officers, is responsible for receiving the bids.
Authorisation may only be granted on the grounds of necessity to a sedentary merchant who has had his real domicile for at least one year in the arrondissement where the sale is to take place.
Posters affixed to the door of the place where the sale takes place state the judgment authorising it.
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