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Sub-section 4: Provisions common to the remuneration of the administrator, the administrator responsible for the implementation of the plan, the mandataire judiciaire and the liquidator.

Article R663-32 of the French Commercial code

Administrateurs judiciaires, commissaires à l’exécution du plan, mandataires judiciaires and liquidators are entitled to reimbursement of the costs and disbursements mentioned on the list provided for in 2° of Article R. 444-3, decided by the president of the court or his delegate, on presentation of proof of their detailed account. This reimbursement may be quarterly.

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Article R663-34 of the French Commercial code

Payments due under the safeguard, receivership or compulsory liquidation proceedings are stopped before the closure of the proceedings. Subject to the provisions of articles R. 663-13 and R. 663-31, the president of the court or his delegate shall rule in the light of a detailed account. Where the proceedings fall within the jurisdiction of the judicial court, the president of the court shall delegate a magistrate for this purpose. With…

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Article R663-35 of the French Commercial code

Where several court-appointed administrators, plan implementation commissioners, court-appointed agents or liquidators are appointed in the same proceedings, each of the appointed court-appointed agents receives a share, agreed between them, of the emoluments due in respect of those proceedings. Failing agreement, the president of the court or his delegate shall determine the share of the remuneration due to each after hearing the debtor and obtaining the opinion of the public prosecutor….

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Article R663-36 of the French Commercial code

By way of derogation from the provisions of Article R. 663-34, the president of the court shall, on a proposal from the official receiver, set the amount of advance payments to be credited against the remuneration of the judicial administrator, the judicial representative and the liquidator. These advance payments are fixed on proof of completion of the work for which they are entitled to remuneration and in the light of…

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Article R663-38 of the French Commercial code

The decision authorising the payment of an advance or fixing the remuneration of the court-appointed administrators, plan implementation commissioners, court-appointed agents and liquidators may be contested by the court-appointed agent concerned, the debtor or the public prosecutor. Within fifteen days of its date, it is communicated to the public prosecutor and, as the case may be, to the judicial administrator or the judicial representative concerned by the court registrar and…

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Article R663-39 of the French Commercial code

The request for a fee may be made within one month of the communication or notification provided for in the previous article, orally or in writing, to the registry of the judicial tribunal or the court of appeal. It shall state the reasons on which it is based. The president of the judicial court, or the magistrate delegated by him for this purpose, shall rule on the application under the…

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