Financial Restructuring and Bankruptcy Law

Article 103 — Article (103) Approval of List of Creditors Whose Debts Are Temporarily Approved

Part Two · Chapter Two: Consequences of the Decision to Initiate Proceedings

1. The Bankruptcy Court may, before deciding on the grievance or on the challenge filed against the judgment issued therein, decide to approve the debt in an amount it estimates unless a criminal case has been filed in its regard. 2. The Bankruptcy Court approves the list of creditors whose debts are temporarily approved, and the Bankruptcy Department notifies the Trustee thereof.

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