As soon as the trustee is informed of his appointment, he shall certify that he meets the requirements set out in articles 4-4 and 4-5 above. At any time during the course of reorganization or assets liquidation proceedings, if he feels that he no longer meets such conditions, he shall immediately inform the president of the competent court, who shall terminate his mandate and appoint a replacement.
The debtor or any creditor may, at any time, petition the president of the competent court for the replacement of the trustee if he falls within one of the incompatibilities set forth in articles 4-4 and 4-5 above, or if they feel he no longer performs his duties diligently.
Unofficial translation
Transcription: Spot-checked
In force from 24-12-2015
Source page 46
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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