Financial Restructuring and Bankruptcy Law

Article 48 — Article (48) Objection to Trustee's Acts

Chapter Three: Appointment of the Trustee and Controller

1. In the event that the debtor is supervised by the regulatory authority, the debtor, the creditors and the Unit may object before the Bankruptcy Court to the Trustee's activities before they become effective. The objection shall result in a cessation of the objected activity if the objection is submitted by the Unit. 2. In this case, the court shall issue its decision on the objection, not later than (10) ten days from the date of its submission.

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