1. The grievance shall be submitted to the Bankruptcy Department which shall notify the trustee, the Unit, where the debtor is supervised by the regulatory authority, the controller and the debtor if the grievance was submitted by another person, not later than (10) ten days from the date of its submission. Any other person whose rights may be affected by the decision issued in the grievance shall also be notified of the grievance, in accordance with the matters to be determined by the Bankruptcy Court in this regard. 2. Any interested party may submit a memorandum to the Bankruptcy Department, responding to the grievance, not later than (10) ten days from the date of its notification of the grievance. 3. The Bankruptcy Court shall decide on the grievance with a reasoned decision, not later than (10) ten days from the expiration date of the period stipulated in Clause (2) of this Article.
Interpretation and application must be checked against the official text and current version.