If the company has reduced the share capital pursuant to the provision of the first paragraph of Article 141 of this Law, it must publish the resolution of reduction within seven (7) days at most of the date of its issuance along with a notice to creditors to submit their objections. Creditors may submit their objections to such resolution to the Concerned Body within fifteen (15) days of the date of publication. An objecting creditor may also institute a case before the competent court for invalidation of the general meeting’s resolution concerning the reduction within fifteen (15) days of the date of the objection. The resolution of reduction of the share capital shall be suspended as a result of the objection until the case is decided, or the expiry of the period referred to in the preceding paragraph, without institution of the case.
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