1. In cases where the Trustee is entrusted with the management of the debtor's assets and business, the Trustee shall safeguard those funds and act on behalf of the debtor in all actions required to manage the debtor's assets and business. 2. If the debtor is supervised by the regulatory authority, the Trustee shall coordinate with the regulatory authority and the Unit, to ensure that the funds deposited in the debtor's account represent its own funds and not clients' funds deposited therewith as a trust or to perform an agreement concluded between the debtor and its clients. 3. If the debtor is a company, the Trustee shall have the same powers stipulated in the company's articles of association for the board of directors, the chairman of the board, the CEO and the company director. 4. If any of the management's duties or any of the company's actions require the approval of the General Assembly, the Trustee shall submit to the Bankruptcy Department an application to present the matter to the Bankruptcy Court for approval, and the court shall issue its decision on the application, not later than (10) ten days from the date of its submission.
Interpretation and application must be checked against the official text and current version.
