English
Reorganization
During reorganization proceedings, the supervisor in
reorganization shall have the following powers and
responsibilities:
1/ supervise the debtor with respect to the conduct of the
ordinary course of business;
2/ receive information enabling him to know the exact
position of the debtor’s estate from public authorities,
social security institutions, credit institutions and other
institutions;
3/ supervise the debtor in the preparation of the inventory
of the estate;
4/ assist the debtor in the preparation of the
reorganization plan;
5/ constitute classes of creditors, where applicable;
6/ organize the sale of the business as a going-concern;
7/ deposit in a bank account opened in the name of the
estate any money received outside of the ordinary
course of business of the debtor;
8/ recommend to the supervisory judge the admission or
rejection of pre-insolvency claims;
9/ prepare and submit a detailed report on the affairs and
conduct of the debtor to be deposited with the Court's
registrar at least five days before the classes of
creditors’ meeting or the general creditors’ meeting;
10/ prepare and submit a detailed report on the various
reorganization plans including guarantees offered to
creditors to be deposited with the Court's registrar at
least five days before the classes of creditors’ meeting
or the general creditors’ meeting;
11/ preside over the classes of creditors’ meetings and the
general creditors’ meetings;
12/ request the supervisory judge for the appointment of
suitable independent experts, in particular to audit the
financial situation and business plan of the debtor and
prepare the inventory and valuation of the debtor’s
property;
13/ file a report with the court within thirty days of the
termination of his services, or, at the latest, within
thirty days of the termination of the proceedings.
