Bankruptcy Law

1- During the moratorium period, it shall be prohibited to take or complete: a) any procedure, action, or lawsuit against the debtor or his assets, including filing a petition for the initiation of a bankruptcy procedure; b) any enforcement procedure against any bankruptcy assets provided as security, except upon the approval of the court; c) any procedure or action against the personal guarantor or the in-kind guarantor of the debtor’s debt, except upon the approval of the court; or d) any of the procedures or actions provided for in the Regulations. 2- Any procedure in violation of paragraph (1) of this Article shall be deemed null and void. 3- The court may, on its own motion or upon the request of a person with interest, order the recovery of any assets disposed of during the moratorium period, or take any other appropriate action, without prejudice to the rights of bona fide third parties. An aggrieved party may file a claim for compensation.