QUIZ
Debt recovery on insovent debtors
(5 points for each correct answer) |
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1. Adjudications relating to insolvency status in the Ohada Zone must be published in the Official Gazette even if they have already been published in the newspapers in charge of the publication of legal notices
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True
False |
2. In the framework of voluntary agreement proceedings, the official receiver must appoint assignees to assist the receiver
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True
False |
3. Experts do not only work in voluntary agreement proceedings
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True
False
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4. In voluntary agreement proceedings, a creditor cannot ask for the composition to creditors to be void but just cancelled
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True
False |
5. Assignees appointed to assist receivers in the framework of voluntary agreement proceedings are selected
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among a list of judges
among a list of experts registered in courts
among creditors
|
|
6. It is not the receivers but rather the official receivers who usually take decisions on the expenses to be made in the framework of insolvency proceedings
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True
False |
7. Since in insolvency proceedings entailing the administration of debtors' affairs under court supervision, the time-limit imposed on creditors to produce their titles is a matter of law and order, there is no way creditors can be immune from this estoppel
|
True
False |
| 8. In the framework of insolvency proceedings entailing the administration of debtors' affairs under court supervision, the "list of creditors'claims in bankruptcy" is |
the document listing all the creditors whose debts have been approved
the document listing all the creditors at the time they produced their claims
the document where the debtor himself listed all his creditors, which was appended to his petition file for insolvency status
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9. A creditor cannot challenged the official receiver' s decision on the list of creditors'claims in bankruptcy, he may just make remarks directly related to his own debt
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True
False |
10. When several receivers have been appointed in a liquidation of debtors' property proceeding and one or two of them are empowered by the official receiver to act, as the case may arise, individually or collectively, in this case, only those receivers may be liable if they make any mistake
|
True
False |
