Financial Restructuring and Bankruptcy Law

Article 50 — Article (50) Determination of Scope of Trustee's Powers

Chapter Three: Appointment of the Trustee and Controller

The Trustee, the debtor, any creditor or the Unit, where the debtor is supervised by the regulatory authority, may petition the Bankruptcy Court to issue a decision determining the scope of the Trustee's powers regarding a specific issue or issues, provided that the same does not result in a cessation or disruption of the proceedings. In all cases, the Bankruptcy Court has jurisdiction to issue whatever decisions it deems appropriate regarding the Trustee's powers.

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