TITLE IV: The Commercial Court Registry.

The cashing of cheques, stipulated as payable to the Registrar of the Commercial Courts or the company holding the office, or endorsed to the order of the Registrar of the Commercial Courts or the company holding the office, the deposit of cash and the domiciliation of transfers corresponding to the provisions and sums mentioned in article R. 743-178 are deposited in the mandatory deposit account allocated to each of the…

The Caisse des dépôts et consignations provides a daily statement of account to the clerk of the commercial courts. This statement shows the mandatory deposit account number, the previous balance, the record of payments and withdrawals made from this account, the date and the new balance.

The mandatory deposit accounts allocated to the various categories of funds may not be used for cash withdrawals, to make payment or credit cards available or to hold any direct debit authorisation. The holder of an allocated mandatory deposit account may, by express order, make transfers to other accounts as part of the performance of the tasks entrusted to him.

With the exception of funds or financial instruments received by the clerk of the commercial courts under Article L. 3253-15 of the French Labour Code, the deposits held in each mandatory deposit account shall earn interest at the rate and in the manner set out in the decision taken pursuant to Article L. 518-23 of the Monetary and Financial Code

Interest obtained in respect of provisions for court-appointed experts is paid to the Registrar of the Commercial Courts into the Office’s business bank account. Those obtained in respect of sequestration assignments pass through the specially allocated deposit account before being returned to the beneficiary of the sequestration.

An agreement is signed between each commercial court registrar’s office and the Caisse des dépôts et consignations. Any contractual stipulation contrary to the standard clauses set out in the Annex 7-6-1 to this book shall be deemed unwritten.