Financial Restructuring and Bankruptcy Law

Article 254 — Article (254) Postponing Consideration of Creditors' Application for Initiation of Proceedings

Part Five: Proceedings for Preventive Settlement, or Bankruptcy Declaration During Emergency Financial Crisis

1. The Bankruptcy Court shall not take any precautionary measures on any of the debtor's assets necessary for the continuation of its business during the period of the emergency financial crisis, including affixing seals on the debtor's business headquarters and assets, except for what the court deems unrelated to the conduct of the debtor's business. 2. The Bankruptcy Court shall not take any precautionary measures on any of the debtor's assets necessary for the continuation of its business during the period of the emergency financial crisis, including affixing seals on the debtor's business headquarters and assets, except for what the court deemed unrelated to the conduct of the debtor's business.

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