1. Notwithstanding the provisions of Article (185) of this Law, if bankruptcy proceeding ends for the debtor referred to in Article (247) of this Law, this debtor has the right to submit an application to the Bankruptcy Department to be discharged of its remaining debts on the date of submitting the application. 2. If the debt is any of the debts referred to in Article (182.2) of this Law, the debtor's liability shall be released within the limits in excess of the creditor's share that was set aside and reserved for the creditor in accordance with the said Article. 3. Submitting the application referred to in Clause (1) of this Article shall result in the cessation of all measures taken by creditors to collect the remainder of the debtor's debts with respect to them. 4. The Bankruptcy Court shall issue its decision on the application, not later than (10) ten days following its submission, and this judgment shall apply to any personal guarantees submitted by the partners in the insolvent debtor company.
Interpretation and application must be checked against the official text and current version.
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