Financial Restructuring and Bankruptcy Law

Article 174 — Article (174) Minutes of Liquidation Plan Voting Meeting

Part Three: Declaration of Bankruptcy · Chapter Eight: Voting on Liquidation and Distribution Plan

1. A minutes shall be drawn up of the results of the voting meeting on the liquidation and distribution plan, and shall be signed by the Trustee, chairman of the meeting, the creditors present and having the right to vote, and the representative of the Creditors' Committee. If any of the creditors refuses to sign, their names shall be mentioned in the minutes, along with the reason for refusal to sign. 2. If the meeting is attended via modern means of communication, the Trustee shall sign the minutes with a representative of the Unit, where the debtor is supervised by a Regulatory Authority.

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