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Subsection 3: Management of the business during the observation period.

Article R631-19 of the French Commercial code

The articles R. 622-6 to R. 622-8 are applicable to the receivership proceedings. Article R. 622-6 is also applicable where the application for authorisation submitted on the basis of II of Article L. 622-7 issues from the administrator. For the application of the second paragraph of Article R. 622-7, the official receiver to whom an application for provisional payment is referred shall rule on the opinion of the administrator if…

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