Chapter I: Commencement of proceedings.

The auditors assist the mandataire judiciaire in his duties and the juge-commissaire in his task of supervising the administration of the company. They may inspect all documents sent to the administrator and the mandataire judiciaire. They are bound by confidentiality. The duties of the controller are free of charge.

If, after the opening of the proceedings, it appears that the debtor was already in cessation of payments at the time of the judgment, the court shall note this and set the date of cessation of payments under the conditions provided for in Article L. 631-8. It converts the safeguard proceedings into judicial recovery proceedings. If necessary, it may modify the remaining observation period or extend it by a maximum…