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Commercial Codes

Commercial Code Preface

The Commercial Code Proclamation Of 1960

BOOK I. TRADERS AND BUSINESSES

General Provisions Applicable To Traders

Chapter 1. Provisions applying to persons carrying on a trade
Chapter 2. Traders
Chapter 3. Persons capable of carrying on a trade
Chapter 4. Carrying on a trade by married persons
Chapter 5. Right to act as a trader

Auxiliaries And Agents

Chapter 1. Commercial Employees
Chapter 2. Managers
Chapter 3. Commercial travelers and representatives
Chapter 4. Commercial agents
Chapter 5. Commercial brokers
Chapter 6. Commission agents

Accounts

Chapter 1. Keeping of accounts compulsory
Chapter 2. Books and accounts to be kept
Chapter 3. Books and accounts admissible evidence
Chapter 4. Keeping of accounts

The Commercial Register

Chapter 1. Organisations of the Commercial Register
Chapter 2. Entries in the Commercial Register
Section 1. General provisions
Section 2. Registration
Section 3. Alteration of entries and additional entries
Section 4. Cancellation of entries

Chapter 3. Sanctions
Section 1. Penal provisions
Section 2. Civil sanctions

Chapter 4. Final provisions

Business

Chapter 1. General Provisions

Chapter 2. Elements of a business
Section 1. Constituent elements of a business
Section 2. Goodwill and unfair commercial competition
Section 3. Trade-names
Section 4. Distinguishing marks
Section 5. Right to the lease of the premises
Section 6. Patents and literary or artistic copyright

Chapter 3. Sale of a business
Section 1. General provisions
Section 2. Formalities
Section 3. Duties of the seller
Section 4. Duties of the buyer
Section 5. Publication of the sale and rights of the seller’s creditors

Chapter 4. Mortgage of a business
Section 1. General provisions
Section 2. Mortgage of the seller and action for the cancellation of the contract of sale
Section 3. Contractual mortgage
Section 4. Manner of registering mortgages
Section 5. Rights of secured creditors

Chapter 5. Hire of a business

Chapter 6. Contribution of a. business to a business Organisations

BOOK II. BUSINESS ORGANISATIONS

TITLE 1

General Provisions

TITLE II

Ordinary Partnership

Chapter 1. General provisions
Chapter 2. Contributions
Chapter 3. Management of the partnership
Chapter 4. Rights and duties of partners
Chapter 5. Relations of the partnership with, third parts
Chapter 6. Dissolution and winding-up of partnership

TITLE III

Joint Venture

TITLE IV

General Partnership

TITLE V

Limited Partnership

TITLE VI

Companies Limited By Shares

Chapter 1. General provisions
Chapter 2. Formation of the company
Chapter 3. Shares and the rights and duties of shareholders
Chapter 4. Directors, auditors and shareholders meetings
Section 1. Management
Section 2. Auditors
Section 3. Shareholders’ meetings
Paragraph 1. General provisions
Paragraph 2. Ordinary meetings
Paragraph 3. Extraordinary meetings
Paragraph 4. Special meetings
Chapter 5. Debentures
Chapter 6. Accounts of companies
Chapter 7. Amendments to the memorandum or articles of association
Chapter 8. Dissolution and winding-up

TITLE VII

Private Limited Companies

Chapter 1. Formation and general provisions
Chapter 2. Shares
Chapter 3. Organisations of the company
Chapter 4. Accounts
Chapter 5. Dissolution

TITLE VIII

Conversion And Amalgamation

TITLE IX

Business Organisations Incorporated Abroad Or Operating Abroad

BOOK III. CARRIAGE AND INSURANCE

TITLE I

Carriage by Land

Chapter 1. General Provisions
Chapter 2. Transport titles
Section 1. Passenger’s ticket
Section 2. Luggage ticket
Section 3. Transport titles in respect of goods
Chapter 3. Rights and duties of parties to a contract of carriage
Section 1. Rights and duties of sender and addressee
Section 2. Duties of carrier of goods or registered baggage
Section 3. Duties of parties to a contract of carriage of persons
Chapter 4. Liability of the carrier
Chapter 5. Legal proceedings

TITLE II

Carriage By Air

Chapter 1. General provisions
Chapter 2. Transport titles
Section 1. Passenger’s ticket
Section 2. Luggage-ticket
Section 3. Bill of lading
Chapter 3. Rights and duties of sender and addressee
Chapter 4. Liability of the carrier
Chapter 5. Provisions applicable to certain forms of transport

TITLE III

Insurance

Chapter 1. General provisions
Chapter 2. Provisions applicable to all forms of insurance
Section 1. Insurance policy
Section 2. Rights and duties of the parties
Section 3. Limitation
Chapter 3. Insurance against damages
Section 1. Insurance of objects
Section 2. Insurance of liability for damages
Chapter 4. Insurance of persons
section 1. General provisions
Section 2. Life insurance

TITLE IV

Games And Gambling

BOOK IV

Negotiable Instruments And Banking Transactions

TITLE I

GENERAL PROVISIONS

TITLE II

Commercial Instruments

Chapter 1. General provisions
Chapter 2. Bill of Exchange
Section 1. Establishment and form of bills of exchange
Section 2. Negotiation of bills of exchange
Section 3. Acceptance
Section 4. Acceptance for honour
Section 5. Maturity
Section 6. Payment
Section 7. Recourse for non-acceptance or non-payment
Section 8. Intervention for honour
Section 9. Parts of a set and copies
Section 10. Alterations
Section 11. Limitation of actions
Section 12. General provisions

Chapter 3. Promissory notes
Chapter 4. Cheques
Section 1. Drawing and form of a cheque
Section 2. Negotiation
Section 3. Acceptance for honour
Section 4. Presentment and payment
Section 5. Crossed d1eques and cheques payable in account
Section 6. Recourse for non-payment
Section 7. Parts of a set
Section 8. Alterations
Section 9. Limitation of actions
Section 10. General provisions

Chapter 5. Traveller cheques
Chapter 6. Publicity of protest

TITLE III

Banking Transactions

Chapter 1. Bank deposits.
Section 1. Deposit of funds
Section 2. Bank transfer
Section 3. Deposit of securities
Chapter 2. Hiring of safes
Chapter 3. Contracts for current accounts
Section 1. Definition, conditions and duration of current accounts
Section 2. Effects of current accounts
Section 3. Effects of bankruptcy of remitting where commercial instruments are discounted and entered in current account
Chapter 4. Discount
Chapter 5. .Credit transactions
Section 1. Open credits
Section 2. Advance on securities
Section 3. Pledge of securities
Section 4. Documentary credits

BOOK V

Bankruptcy And Schemes Of Arrangement

TITLE I

GENERAL PROVISIONS

TITLE II

Bankruptcy

Chapter 1. Judgement in bankruptcy
Chapter 2. Persons responsible for conducing bankruptcy proceedings
Section 1. The court
Section 2. Commissioner in bankruptcy
Section 3. Trustees
Section 4. Creditor’s committee
Chapter 3. Provisional and. conservatory measures
Section 1. Conservatory measures
Section 2. Seals
Section 3. Inventory
Chapter 4. Effect of adjudication in bankruptcy
Section 1. Effect as regards the debtor
Section 2. Management of debtor’s property
Chapter 5. Proving for debts
Section 1. Procedure for proving
Section 2. Parties jointly and severally liable and guarantors
Section 3. Rights of creditors secured by a guarantee on movables other than businesses
Section 4. Rights of mortgages and creditors secured by immovables
Section 5. Rights of creditors secured by a mortgage on the business
Section 6. Recovery
Chapter 6. Settlement of the bankruptcy
Section 1. Composition
Section 2. Compulsory winding-up
Chapter 7. Bankruptcy proceedings closed

TITLE III

Schemes Of Arrangement

TITLE IV

Special Rules Concerning Bankruptcy And Schemes Of Arrangement With Respect To Business Organisations

TITLE V

Summary Procedure

BOOK VI

Transitory Provisions

Chapter 1. General provisions
Chapter 2. Traders Businesses. Business organisations
Chapter 3. Negotiable instruments and banking transactions
Chapter 4. Bankruptcy