1. Any stakeholder may request invalidation of the composition if the insolvent debtor fails to abide by its conditions. 2. The composition shall be invalidated in any of the following cases: a. If, after being ratified or after the issuance of a decision to terminate the bankruptcy proceeding due to composition, a judgment convicting the insolvent debtor of any of the crimes of bankruptcy fraud is issued. b. If, after being ratified or after issuance of a decision to terminate the bankruptcy proceeding for composition, fraud emerges resulting from concealing the insolvent debtor's assets or exaggerating his debts, in this case an application shall be submitted to invalidate the composition, not later than (3) three years from the date of knowledge of the fraud.
Interpretation and application must be checked against the official text and current version.