Article 47
Applicable law
1. Insolvency proceedings shall be governed by the applicable law without prejudice to the effects of such proceedings on contractual and extra-contractual obligations, assets, the recognition of foreign proceedings or the effects of such recognition, being distinguished from insolvency proceedings per se, which shall be governed by the law resulting from the application of the OHADAC Model Law pertaining to private international law.
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Downloads
EXPLANATORY NOTE.pdf
Draft OHADAC model law of commercial companies.pdf
