SECTION 53

The decision to liquidate assets of a legal entity shall entail the automatic dissolution thereof. The liquidation of assets proceedings shall entail, as a matter of law, until the closing of the proceeding, an automatic divesture of the debtor, from the commencement to the close, of the administration and disposal of known assets and those that can be thereafter acquired by any means whatsoever. All acts taken in violation of this provision, with the exception of conservatory acts with the exception of conservatory acts, shall be unenforceable against third parties. Acts, rights and actions of the debtor concerning his estate shall be performed or exercised for the entire duration of assets liquidation by the trustee acting alone and representing the debtor. If the trustee declines to perform an act or to exercise a right or a claim related to the estate of the debtor, the latter and the top executives of the legal entity or the controllers, where one was appointed, may compel him to act following a decision of the receiver obtained under the conditions set forth in articles 40 and 42, paragraphs 2 and 3 above.