1. Where a list of debts has not previously been prepared in accordance with the provisions stipulated in Chapter II of this Law relating to proceedings, the Trustee shall prepare a list of debts and get the same ratified by the Bankruptcy Court. 2. Where a list of debts has previously been prepared, the Trustee shall, within (10) ten days from the date of his notification of his appointment or from the date of announcing the decision to initiate bankruptcy proceedings, if he was appointed, assign the creditors to submit any final claims that had not been previously submitted within (10) ten days from the date of their notification. The Trustee may entrust this assignment through a notice, and any claims received after this date shall not be taken into account unless there is a reason acceptable to the Bankruptcy Court. 3. As an exception to the provisions stated in Clauses (1) and (2) of this Article, the provisions of the debt list stipulated in Chapter II of this Law regarding proceedings shall apply to preparing and updating the debt list.
Interpretation and application must be checked against the official text and current version.