Subsection 4: Continuation of the business during the observation period.

Articles R. 622-9 and R. 622-13 to R. 622-20 are applicable to receivership proceedings, subject to the provisions of this sub-section.

The administrator, where one has been appointed, is bound by the information obligations incumbent on the debtor pursuant to articles R. 622-9 and R. 622-16.

For the application of article R. 622-17, the obligation to declare is incumbent on the administrator, where his task is to administer the company alone. For the application of article R. 622-20, the administrator is implicated regardless of his mission.

For the purposes of ordering the partial cessation of business pursuant to II of Article L. 631-15, the matter shall be referred to the court by petition or, where applicable, in the forms and according to the procedure provided for in articles R. 631-3 or R. 631-4. The judgment ordering the partial cessation of activity is communicated to the persons cited in article R. 621-7 and mentioned in the registers…

For the purposes of ordering a compulsory liquidation, the matter shall be referred to the court by petition or, where applicable, in the forms and according to the procedure provided for in Articles R. 631-3 or R. 631-4. The judgment pronouncing the judicial liquidation is notified to the debtor within eight days of its pronouncement. Where the debtor is not the claimant, the judgment is served on him within the…

The decision by which the court terminates the proceedings pursuant to Article L. 631-16 is followed without delay by an end-of-assignment report filed by the judicial representatives under the conditions of articles R. 626-39 and R. 626-40. It is communicated to the persons mentioned in article R. 621-7 and is advertised as provided for in article R. 621-8. Article R. 626-41 is applicable.