French Commercial code
In forceI. - For the application of V of Article L. 626-30, the administrator shall determine the amount, calculated inclusive of all taxes, of the claims held by the members of the classes called upon to vote.
I.
At least twenty-one days before the date of the vote, the administrator shall notify each party affected, on the basis of V of Article L. 620-30, of the methods of class allocation and calculation of the votes retained, within the class or classes to which it is assigned. By the same instrument, the administrator shall specify the criteria used to compose the classes of assigned parts and shall draw up a list of such classes. The administrator shall also submit these distribution and calculation methods to the debtor and the judicial representative. He shall inform the Public Prosecutor.
II. - The notification referred to in the first paragraph is sent by electronic means, except in the following cases:
1° In the absence of the addressee's consent within the meaning of article R. 626-55;
2° For a reason unrelated to the administrator who carries it out;
In both of these cases, it may be sent by any means that confers a date certain.
The procedures for this electronic communication are defined by order of the Minister of Justice.
In the presence of bondholders or shareholders, the notice must be sent by electronic means.
Where bondholders or holders of capital are affected by the draft plan, they shall be notified of the procedures for dividing the shares into classes and calculating the votes in accordance with the provisions of articles R. 626-61 and R. 626-62.
III. - Where there is an interest rate indexation clause, the amount of interest remaining to be paid on the date of the judgment opening the proceedings is calculated at the rate applicable on the date of this judgment. Foreign currency claims are converted into euros using the exchange rate on the date of the same judgment.
