1. Any of the creditors, who did not vote for the approval of the preventive settlement proposal, file a grievance against the creditor's decision to approve the preventive settlement proposal, not later than (10) days following the convention of the meeting for creditors, in which the approval is given, if such creditor has attended this meeting and disapproved the proposal or he was notified of the meeting date but has failed to appear at the meeting with an excuse or from the date the creditor is notified by the Bankruptcy Department of the creditors' approval of the preventive settlement proposal, if he did not attend the creditors' meeting because he was not notified of its date. 2. The Bankruptcy Court shall decide on the grievance with the same decision issued ratifying the preventive settlement proposal. If the grievance is admitted, the court may suspend ratification of the proposal to vote on the invalid procedure, amend the proposal or refuse the ratification thereof.
Interpretation and application must be checked against the official text and current version.