SECTION 155

Failing to receive a reply or where the latter is not satisfactory, the auditor shall invite the chairman of the board of directors, or the chief executive officer, as the case may be, to calla meeting of the board of directors, the general directoror the chairman in orderto deliberate on the matter raised. The invitation referred to in the preceding paragraph shall be sent in the form of a hand-delivered letteragainst a receipt or by registered mail with request for acknowledgement of receipt within fifteen (15) days after receiving the reply of the chairman of the board of directors, the chief executive officer and the general director, as the case may be. Otherwise, he shall note that his request remained unanswered within the time limits provided for in the foregoing article. Within fifteen (15) days after the receipt of the letter of the auditor, the chairman of the board of directors or the chief executive officer, as the case may be, shall calla meeting of the board of directors, to deliberate on the matter, within the month following the receipt of the auditor’s letter. The auditor shall be invited to the meeting of the board of director. If the head of the company is a general director or a chief executive officer, he shall, within the same time limits, invite the auditor to the meeting session during which he shall give his opinion on the matter raised. An extract of the minutes of the board of directors’deliberations or the general director or the chief executive officer’s decision, as the case may be, shall be sent to the auditor and the competent courtwithin the month following the meeting.