The trustee or the controllers appointed pursuant to Article 16 above shall oversee the execution of the arrangement. They shall report any failure to the receiver without delay.
Every (03) months, they shall send progress reports to the receiver on the conduct of the operations and copy the debtor. The latter shall have fifteen (15) days to formulate, if need be, his observations and objections.
P. 34 of 139 The trustee or the controller (s) whose appointment ends shall file their reports with the court registry within thirty (30) days following such termination.
The compensation of the trustee acting as controller shall be fixed by the court which appointed him pursuant to the scale stipulated in article 4-19 above.
Unofficial translation
Transcription: Spot-checked
In force from 24-12-2015
Source page 33
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
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