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.
Interpretation and application must be checked against the official text and current version.