French Code of civil enforcement proceduresIn force
Paragraph 2: The auction process
Article R322-44
Bids are pure and simple. Each bid must cover the preceding bid.
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Showing 991–1000 of 60191 articles for “Art. avis 2013-027 of 4 October 2013”
Bids are pure and simple. Each bid must cover the preceding bid.
The provisions of this section shall be prescribed on pain of nullity of the auction raised ex officio. Any new bid duly made shall cover the nullity of the previous bids. Nullity of the last bid auto…
Seizure may also be carried out with an authorised intermediary in respect of all securities registered in an account in the debtor's name.
Until the forced sale is carried out, the debtor may indicate to the garnishee the order in which the securities are to be sold. If the debtor fails to do so, their choice may not be challenged.
The judge shall point out that bidding will start from the amount of the upset price set, as appropriate, in the conditions of sale book or by the court decision provided for in the second paragraph o…
Before the end of the hearing, the last-bidding lawyer declares the identity of his principal to the court clerk and gives him the certificate referred to in article R. 322-41-1.
Unless otherwise stipulated, the parties are obliged to appoint a lawyer.
Within two months of publication in the property register of the summons to pay (commandement de payer valant saisie), the pursuing creditor summons the distrainee debtor to appear before the enforcem…
The costs of the proceedings, duly justified by the pursuing creditor and, where applicable, by the higher bidder, are assessed by the judge and publicly announced before the opening of the auction. N…
…indicates to the public each second that has elapsed. The judge immediately establishes the amount of the last bid, which constitutes the winning bid.
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