1. The debtor may, at any time during the implementation of the plan, after notifying the Trustee and the Unit, where the debtor is supervised by the regulatory authority, call the creditors to discuss any amendments it deems necessary to be made to the plan. Creditors shall be notified of the proposed amendments and their justifications at least ten days prior to the date set for the meeting (10). 2. If the required majority approves the amendments, the debtor shall notify the Bankruptcy Department of the amended plan, minutes of creditor meetings and sheet of attendance and voting, and it shall request ratification of the amended plan. 3. Within (10) ten days of notifying the Bankruptcy Department of the amended plan, the Bankruptcy Court shall ratify the same if it meets the standards of fairness stipulated in Article (75.2) of this Law and obtains the approval of the required majority. Otherwise, it refuses to ratify the amended plan or suspends its ratification. 4. The decision to ratify the amended plan may be challenged in accordance with the provisions set out in Article (77) of this Law.
Interpretation and application must be checked against the official text and current version.