1. If the Bankruptcy Court decides to be submitted thereto by the debtor, the Trustee, the regulatory authority or any of the creditors, decide to initiate bankruptcy proceedings. 2. The Bankruptcy Department shall, within ten (10) days following the date of issuance of the decision, announce, notify and register the same in accordance with Article (35) of this Law. The Bankruptcy Court may suffice with recording the decision in the Bankruptcy Register and the Commercial Register.
Interpretation and application must be checked against the official text and current version.