Call Us + 33 1 84 88 31 00

Article R642-38 of the French Commercial code

In the event of the sale of a business, the transferee may apply to the official receiver to have the registrations cancelled. He shall attach to his application a statement of the registrations, proof of completion of the purging formalities or of the agreement of the registered creditors to dispense with them, and proof of payment of the pre-sale costs.

The court clerk notifies by registered letter with acknowledgement of receipt the creditors who have not discharged their registrations that they have a period of thirty days from the date of dispatch of the letter to contest, by petition or by registered letter with acknowledgement of receipt, the request for cancellation on any ground based on non-payment of the price.

Original in French 🇫🇷
Article R642-38

En cas de cession d’un fonds de commerce, le cessionnaire peut saisir le juge-commissaire pour faire prononcer la radiation des inscriptions. Il joint à sa demande un état des inscriptions, la justification de l’accomplissement des formalités de purge ou de l’accord des créanciers inscrits pour l’en dispenser, et la justification du paiement des frais préalables de vente.

Le greffier du tribunal avise par lettre recommandée avec demande d’avis de réception les créanciers qui n’ont pas donné mainlevée de leurs inscriptions qu’ils disposent d’un délai de trente jours à compter de l’envoi de la lettre pour contester, par requête ou par lettre recommandée avec demande d’avis de réception, la demande de radiation pour tout motif tiré du non-paiement du prix.

Need help with this article? Get help from a French lawyer

Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call us at +33 (0) 1 84 88 31 00 or send us an email.

Useful links

You have a question in French Business Law?

Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call +33 (0) 1 84 88 31 00 or send us an email.

All information exchanged through this website will be communicated to lawyers registered with a French Bar and will remain confidential.