Section 2: Company management.

When the official receiver rules on an application for authorisation submitted by the debtor pursuant to II of Article L. 622-7, the court clerk shall summon the debtor, the administrator, where one has been appointed, the judicial representative and, where applicable, the creditors holding special security interests in the assets whose sale is envisaged. An application for authorisation of an act likely to have a decisive impact on the outcome…

In the event of the sale of an asset referred to in the first paragraph of Article L. 622-8, the share of the price shall be remitted to the administrator or, failing that, to the judicial representative for payment to the Caisse des dépôts et consignations. The funds are unavailable during the observation period. However, provisional payments may be made under the conditions defined in the second paragraph of article…

The official receiver shall rule on the request for substitution made in accordance with the third paragraph of article L. 622-8 after hearing the debtor, the administrator, the creditor in question and the judicial representative, or these summoned by the court clerk. Cancellations and registrations of security interests are requested by the claimant or the beneficiary upon injunction made by the juge-commissaire in his order. The related costs are borne…