1. The Bankruptcy Department shall, not later than (10) ten days following the date of issuance of the Bankruptcy Court's decisions relating to application to initiate the proceedings, dismissal, inadmissibility or termination of proceedings, announce the decision, notify the relevant parties and request the securities markets to disclose the decision if the debtor is listed there, in addition to requiring the debtor to publish the same on its website, unless the court decides to suffice with any of these methods. 2. The Bankruptcy Court may decide to announce the decision in any of the daily newspapers issued in a foreign country if a large number of the debtor's creditors, property or businesses are located in that country or for any other reason determined by the court. 3. In all cases, the decision issued with regard to the application to initiate the proceedings shall be recorded within the period stipulated in Clause (1) of this Article. 4. All decisions stipulated in the provisions of this Law and its Executive Regulations shall be announced, not later than (10) ten days following the date of issuance of the decision, and the court may suffice with recording the decision in the bankruptcy register and the commercial register.
Interpretation and application must be checked against the official text and current version.
