SECTION 48

The Judge Administrator may, at any time, appoint one or more Controllers chosen from among the creditors; the number of Controllers appointed shall not exceed three. However, the appointment of a Controller shall be compulsory at the request of creditors representing at least one half of the total amount of debts even where the said debts have not been verified. In this case, the Judge Administrator shall appoint three Controllers chosen respectively from among creditors with special secured debts or nontransferable securities, staff representatives and unsecured creditors. No person related to the debtor or manager of the company by blood or by marriage up to the fourth degree inclusive may be appointed Controller or representative of a company which has been appointed Controller. A Controller may be dismissed by the competent court on the proposal of the Judge Administrator. The Judge Administrator shall replace a dismissed Controller with another one.