Chapter III: Personal bankruptcy and other prohibition measures.

When the judicial representatives mentioned in article L. 653-7 become aware of facts provided for in articles L. 653-3 to L. 653-6 and L. 653-8, they shall inform the public prosecutor and the official receiver. For the application of article L. 653-8, the date used for the cessation of payments may not be different from that used pursuant to Article L. 631-8.

For the application of Article L. 653-7, the matter shall be referred to the court, as the case may be, by summons or in the forms and according to the procedure provided for in Article R. 631-4. The formal notice given to the court-appointed agent to initiate sanction proceedings is delivered by at least two supervising creditors. Their action is only admissible if this formal notice, sent to the judicial…

When the court pronounces personal bankruptcy or the prohibition provided for in Article L. 653-8, it is mentioned in the notice of judgment that the procedure for obtaining relief from these sanctions is governed by Articles L. 653-11 and R. 653-4 of the Commercial Code. Independent of the entries made in the criminal record pursuant to article 768 of the Code of Criminal Procedure, judgments pronouncing personal bankruptcy or the…

Any application for relief from disqualifications, prohibitions and incapacities shall be made by petition to the court that pronounced them. All documents proving the contribution to the payment of the liabilities or, where the interested party has been subject to the prohibition provided for in article L. 653-8, guarantees demonstrating his ability to manage or control one or more of the companies or persons referred to in this article. These…