Company Act Article 350Aug. 1, 2018

An agreement of settlement shall be adopted by the concurrence of the creditors holding three-fourths or more of the total amount of claims with rights to vote at a meeting attended by over one half of the creditors entitled to vote. "The aforesaid resolution shall be approved by the court. "The provisions of Article 136 of the Bankruptcy Law shall apply mutatis mutandis to the agreement of settlement mentioned in Paragraph 1.

Same Article Laws


Other Related Laws

Corporate Consulting