The decision of the competent court confirming the arrangement shall terminate the mandate of
the expert and the preventive settlement procedure, subject to the formalities set forth in article
17 hereinafter. However, the competent court may appoint, ex officio or at the request of the
debtor or a creditor, a trustee or controllers mandated to monitor the execution of the confirmed
arrangement under the same conditions as those laid down for the confirmed composition of the
reorganization. The competent court may appoint the expert in preventive settlement as a trustee.
It shall also appoint a receiver. The latter shall oversee the activities of the trustee or controllers
responsible for monitoring the performance of the confirmed arrangement, where one has been
appointed, and write reports for the competent court every three (03) months and anytime at the
request of the court.
Unofficial translation
Spot-checked
In force from 10 September 2015
Source page 32