1. The issuance of a decision to initiate preventive settlement proceedings shall result in the suspension of claims for a period of (3) three months following the date of issuance of the decision. The Bankruptcy Court may, upon the debtor's request, extend the period of suspension of claims for one or more times, provided that the extension does not exceed one month, and in all cases the period of suspension of claims shall not exceed (6) six months. 2. The Bankruptcy Department shall, upon the debtor's request, provide the latter with a certificate of suspension of claims and the duration of the suspension. 3. During the period of suspension of claims, the debtor shall exercise the necessary due diligence to ensure that its creditors vote to approve the preventive settlement proposal. It shall further provide creditors with all documents, information and data to enable them to make a decision regarding the preventive settlement proposal, and it shall respond to any inquiries submitted thereto by creditors.
Interpretation and application must be checked against the official text and current version.