Secondary bankruptcy proceedings may be closed by a arrangementor a reorganizationorassets
liquidation compositiononly afterthetrustee of the main bankruptcy proceedings gives his consent.
Such consent shall be given within thirty (30) days effective on the date of receipt of the request
for notification made by the trustee of the secondary bankruptcy proceedings by hand-delivered
letter against a receipt or by registered mail with acknowledgment of receipt or by any means
leaving a written record.
If the trustee of the main bankruptcy proceedings remains silentfor thirty (30) days, the silence
shall be deemed to be consent.
The trustee of the main bankruptcy proceedings may decline to give his consent only where he
establishes that the solution proposed jeopardizes the financial interests of the creditors of the
proceedings for which he is appointed.
In case of disputes, the competent court shall rule in the same manner as in arrangement or
reorganization or assets liquidation composition to close the secondary bankruptcy proceedings.
Unofficial translation
Spot-checked
In force from 10 September 2015
Source page 126