SECTION 43

The receiver shall oversee the trustee’s mission during reorganization or assets liquidation proceedings. Trustees shall be liable for damage caused by their misconduct pursuant to the provisions of articles 4-12 to 4-15 above. Where several trustees have been appointed, they shall act collectively. However, the receiver may, depending on the circumstances, empower one or several of them to act individually. In this case, only trustees so empowered shall be liable for their own misconduct. Where a grievance is filed against one of the trustees’ dealings, the receiver shall be informed and shall act under the conditions set forth in article 40 above. The trustee shall submit a written report to the receiver on his mission and the implementation of the reorganization or assets liquidation proceedings at least once every two (2) months and, whenever the receiver so requests. Furthermore, he shall state in his report the amount of money deposited in the account of the bankruptcy proceedings opened under the conditions set forth in article 4-22 above. Remuneration of trustees shall be governed by articles 4 (19) and 4 (20) above.