1. The effect of suspension of the criminal proceedings referred to in Article (281) of this Law shall continue until the Bankruptcy Court issues a decision to ratify or reject the preventive settlement proposal and plan in accordance with the provisions of this Law. 2. If the Bankruptcy Court approves the preventive settlement proposal or plan, the same shall result it the extension of the stay of the criminal proceedings that have been initiated, until the implementation of the proposal or plan is completed. 3. If the debtor obtains a decision indicating that the implementation of the preventive settlement proposal or the plan has been completed, the Public Prosecution shall issue a decision to close the investigation, and the criminal court shall issue a judgment terminating the criminal action. If a final judgment has been issued on the criminal action, its execution shall be stayed. 4. The stay of criminal proceedings shall end as soon as a decision or judgment is issued terminating or invalidating the preventive settlement or proceedings.
Interpretation and application must be checked against the official text and current version.