Financial Restructuring and Bankruptcy Law

Article 177 — Article (177) Bid Submitted by Debtor or Related Party for Purchase of Debtor's Assets

Part Three: Declaration of Bankruptcy · Chapter Nine: Effects of Liquidation and Distribution Plan Approval

The debtor or any related party may not submit a bid to purchase any of the debtor's assets offered for sale, except when the same is offered for sale at an open auction.

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