1. The termination of the preventive settlement proceedings in accordance with Clauses (81.1, 81.2 and 81.8) of this Law shall result in the Sureties being released from the guarantee provided to implement the terms of the preventive settlement if the actions that led to taking the proceedings referred to in these clauses were issued by the debtor before the decision to ratify the preventive settlement proposal was issued. 2. In all cases, the Sureties and the debt guarantors shall be required to attend the hearing in which the application to terminate the proceedings is considered. 3. Terminating the preventive settlement proceedings due to the invalidity of their proceedings shall result in the release of the liability of the bona fide Sureties who guaranteed the implementation of all or any of its terms.
Interpretation and application must be checked against the official text and current version.