Code of Organization and Civil Procedure (Cap. 12), article 312J

312J. (1) Notwithstanding the provisions of article 312I, if during his appointment the administrator is of the opinion that the going concern is about to lose its market value, he may demand the court to authorise him to sell the going concern in whole or in part. (2) The appointed administrator under article 312I shall be entitled to such payment as the court, in its discretion, may d eem fit that he should receive considering the value of the going conce rn and the work done in connection with the running of the busines s. Definition of going concern. Added by: XIV .2006.17. Re-numbered by: VII.2007.30.