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Article R626-31 of the French Commercial code

The court shall rule on the authorisation provided for in Article L. 626-14 at the request of the debtor in the light of the report of the commissaire à l’exécution du plan. Its decision is notified to the debtor and communicated to the public prosecutor and to the commissioner for the execution of the plan. It is subject to the appeals provided for against decisions amending the plan.

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Article R626-35 of the French Commercial code

The request for substitution of guarantees provided for in Article L. 626-22 is made by the debtor to the creditor in question. Failing the latter’s agreement, it may be requested from the court by petition. The court shall rule, after hearing the debtor, the creditor and the commissioner for the execution of the plan or after duly calling them. The debtor shall, at its own expense, proceed with the cancellation…

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Article R626-36 of the French Commercial code

After the payment to the Caisse des dépôts et consignations made pursuant to article L. 626-22, provisional payments may be made under the conditions defined in the second paragraph of Article L. 622-8. The plan execution commissioner distributes the price among the creditors, makes the payment and removes the registrations. In the event of the sale of an immovable, the price is paid after the purchaser has completed the formalities…

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