Company Act Article 312Aug. 1, 2018

The following debts incurred during the reorganization of the company shall have preference for repayment over the rights of creditors in reorganization: "1.Debts incurred for continued operation of the business of the company; and "2.Expenses incurred in the process of reorganization. "The aforesaid right of preference for repayment shall not be prejudiced on account of a ruling for termination of reorganization.

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