Bankruptcy Law

1. During the period of the financial restructuring procedure, in addition to other duties and powers vested in him under this Law and its Regulations, the trustee shall: a) verify the soundness of the debtor’s management of his business, and monitor his financial operations; b) attend litigation hearings, creditors’ meetings, and other meetings relating to the debtor and the procedure; c) perform any task ancillary or incidental to his duties and powers; d) perform tasks entrusted to him by the court; and e) perform any other task specified by the Regulations. 2. In the performance of his duties and the exercise of his powers, the trustee must act with integrity and honesty.