SECTION 24

Any objection against the decision of the President of the competent court referred to in Article 11 above may only be made before the said court within the time limit of eight days from the date the decision was pronounced. The provisions of Article 218 below relating to the computation of time limits shall apply to the preventive settlement. To this effect, the decision shall be forwarded to the registry of the court on the day it is rendered. Notice of the said decision shall forthwith be given to the debtor by registered mail or by any means with written proof thereof. The competent court shall render its decision within a period not exceeding eight days from the day the objection is filed. The objection shall be made by declaration at the registry of the court. The registrar shall summon the party objecting, by registered mail or by any other means with written proof, to appear in the very next court session for the parties to be heard in camara. Any appeal against the decision taken by the court on the objection may only be filed in the Supreme Court.