I.-A judgement opening or pronouncing a judicial liquidation automatically divests the debtor, from the date of the judgement, of the administration and disposal of his assets comprising the assets incurred by the professional activity, even those he has acquired in any capacity whatsoever, for as long as the judicial liquidation is not closed. The debtor’s rights and actions concerning his assets are exercised throughout the duration of the judicial liquidation by the liquidator.
However, the debtor may bring a civil action in order to establish the guilt of the perpetrator of a crime or misdemeanour of which he is the victim.
The debtor also performs acts and exercises rights and actions that are not included in the mission of the liquidator or administrator where one has been appointed.
II. – Where the debtor is a legal entity, an agent may be appointed, if necessary, in place of the corporate officers by order of the president of the court at the request of any interested party, the liquidator or the public prosecutor.
III.-.Where the debtor is a natural person, he may not, during the judicial liquidation, engage in any of the activities mentioned in the first paragraph of Article L. 640-2. However, a debtor who is an individual entrepreneur with limited liability may continue to carry on one or more of these activities if they involve assets other than those covered by the proceedings.
IV. – Where the debtor is covered by the status defined in Section 3 of Chapter VI of Title II of Book V, the conditions for carrying on a new activity mentioned in the first paragraph of Article L. 640-2 are defined in Title VIII bis of this Book.