Article L653-5 of the French Commercial code
The court may declare the personal bankruptcy of any person mentioned in Article L. 653-1 against whom one of the following facts has been established: 1° Having exercised a commercial, craft or agricultural activity or a function of management or administration of a legal entity contrary to a prohibition provided for by law; 2° Having, with the intention of avoiding or delaying the opening of receivership or compulsory liquidation proceedings,…