1. Within (10) ten days from the date of submitting the application, the Bankruptcy Court may, sua sponte or based on a reasoned motion submitted by the Trustee, any of the creditors or the Unit, where the debtor is supervised by the regulatory authority, decide to prevent the debtor, its board of directors or its managers from managing his assets and business and to entrust the management of the same to the Trustee. In this case, the Trustee shall have all the powers of the debtor, its board of directors and its executive management, unless the court decides otherwise. 2. In all cases, the Bankruptcy Court's decision to admit or dismiss the application shall be reasoned.
Interpretation and application must be checked against the official text and current version.