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Article R642-22 of the French Commercial code

The official receiver who orders, pursuant to Article L. 642-18, the sale of immovable property by judicial or amicable auction determines: 1° The starting price for each of the assets to be sold and the essential conditions of the sale; 2° The advertising procedures, taking into account the value, nature and location of the assets; 3° The procedures for visiting the assets. When the sale is pursued by a creditor,…

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Article R642-23 of the French Commercial code

The order shall be notified at the instance of the court clerk by registered letter with acknowledgement of receipt to the debtor and to the registered creditors with elected domicile whose names are indicated in the order. The controllers are notified by the court clerk. The order produces the effects of the summons provided for in Article R. 321-1 of the code of civil enforcement procedures; it is published in…

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Article R642-24 of the French Commercial code

When the official receiver, pursuant to the second paragraph of Article L. 642-18, authorises the liquidator to resume the property seizure procedure suspended by the judgment opening the judicial liquidation proceedings, and sets the price to be paid, the advertising procedures and the procedures for visiting the property. It rules under the conditions provided for in Article R. 642-36-1. The order of the juge-commissaire shall, at the request of the…

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Article R642-25 of the French Commercial code

The pursuer or the appointed notary shall draw up a book of conditions of sale. By exception to Article R. 322-10 of the Code des procédures civiles d’exécution, the schedule of conditions of sale contains: 1° A statement of the order that ordered the sale with a mention of its publication; 2° A description of the property to be sold, the origin of ownership, the easements encumbering the property, the…

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Article R642-28 of the French Commercial code

The order ordering the sale by judicial auction made at the request of the liquidator or a pursuing creditor shall include, in addition to the indications mentioned in Article R. 642-22, the information required in 1°, 5°, 10° of Article R. 321-3 of the code des procédures civiles d’exécution.

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Article R642-29 of the French Commercial code

The official receiver may authorise the liquidator or the creditor to pursue the sale of several properties simultaneously, even if they are located in the jurisdictions of different judicial courts. He shall decide whether the sale of these properties will be pursued before the execution judge of the judicial court within whose jurisdiction each property is located or before the judicial court within whose jurisdiction the address of the business…

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Article R642-29-1 of the French Commercial code

The schedule of conditions of sale shall be filed by the pursuer at the registry of the enforcement judge of the competent judicial court within two months of the publication of the order of the official receiver. As an exception to subsections 2 and 4 of section 1 and sections 2 and 3 of the chapitre II du titre II du livre III du code des procédures civiles d’exécution, at…

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Article R642-29-2 of the French Commercial code

Only the provisions of Section 4 of the chapitre II du titre II du livre III du code des procédures civiles d’exécution which are mentioned below. At the auction hearing, the procedure set out in sub-section 3 of the aforementioned section 4 shall be followed. Article R. 322-58 of the Code of Civil Enforcement Procedures is applicable to the payment of taxed costs. In addition to the information required for…

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