Financial Restructuring and Bankruptcy Law

Article 226 — Article (226) Conventional Subrogation of Creditor

Part Four: Common Provisions · Chapter One: Effects of Decision to Initiate the Proceedings

The person, who has subrogated the creditor based on an agreement, may not demand a setoff between the rights transferred to them by the creditor and the debts owed by them to the debtor, and shall fulfill the rights of the debtor under his agreement with the debtor and subrogate the creditor who transferred thereto his rights in the proceedings against the debtor.

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