Once the claims are verified and approved and the assets realized, the trustee shall prepare a proposed distribution that he files with the registry of the competent court. The filing of the
P. 105 of 139 proposed shall be subject to publicity under the conditions set forth in the first two paragraphs of
Article 37 above, carried out by the court registry.
Any individual may check the proposed distribution and, at the exclusion of the trustee, and challenge it before the receiver, within ten (10) days from the date of the publicity referred to in the foregoing paragraph.
The receiver shall rule on the disputes through a decision which is subject to a notification to be communicated to the creditors concerned by any means to establish actual receipt by the addressee. Such decision shall not be subject to appeal.
The trustee shall undertake the distribution pursuant to the proposed or, if it was disputed, the final decision.
Unofficial translation
Transcription: Spot-checked
In force from 24-12-2015
Source page 104
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
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