Subsection 4: Provisions applicable to joint ventures.

The joint ventures provided for by the Article 22 of Law No. 90-1258 of 31 December 1990 shall be known as “sociétés en participation d’administrateurs judiciaires” or “sociétés en participation de mandataires judiciaires”. A notice of their formation is published in the Bulletin officiel des annonces civiles et commerciales. The notice contains the company name and the list of partners.

Within a fortnight of publication, a copy of this notice and a copy of the agreement underpinning the joint venture shall be delivered against receipt or sent by registered letter with acknowledgement of receipt to the National Registration and Disciplinary Commission, which may, within a period of one month, give formal notice to the partners, by registered letter with acknowledgement of receipt, to amend the agreement in order to bring…

The withdrawal or admission of a partner gives rise to the publication mentioned in the second and third paragraphs of Article R. 814-155 and, for the new partner, the provisions of articles R. 814-66 and R. 814-156 are applicable.