Preliminary chapter: Commencement and conduct of judicial liquidation.

The request to open the judicial liquidation proceedings shall be presented in accordance with the procedures set out in articles R. 631-1, R. 631-2, with the exception of the second paragraph, R. 631-4 and R. 631-5. A creditor’s application to open judicial liquidation proceedings is, on pain of inadmissibility, which must be raised ex officio, exclusive of any other application, with the exception of an application to open judicial reorganisation…

When the debtor, a natural person, also applies for the benefit of a professional recovery procedure, he must specify, in addition to the inventory, the methods used to value his assets. The inventory thus completed is drawn up on the date of the application. He must also certify that he meets the conditions set out in articles L. 645-1 and L. 645-2. The conditions set out in the last two…

A court of appeal which quashes a judgment ruling on the opening of judicial liquidation proceedings or its pronouncement may, of its own motion, open judicial liquidation proceedings or pronounce them. If a judgment opening judicial liquidation proceedings is quashed, it may, of its own motion, open judicial reorganisation proceedings.