Bankruptcy Law

1. The debtor must, during the period from the confirmation of the proposal to the conclusion of the financial restructuring procedure, obtain the trustee’s written approval before he: a) Applies for financing. b) Provides or renews security to third parties. c) Changes any of the debtor's registered premises or offices. d) Votes on a proposal of the debtor's debtor in any bankruptcy procedure that results in the waiver of the debtor's rights. e) Establishes a subsidiary or acquires shares in another company. f) Transfers ownership of all or some of his business or assets outside the normal course of his business. g) Conducts any other action as provided for in the Regulations. 2. The debtor’s compliance with paragraph (1) of this Article shall not relieve him from any obligations provided for in this Law or in relevant laws. 3. The trustee shall exercise due diligence in the discharge of his duties and powers, and shall not be liable to third parties for any loss or damage resulting from his approval to any of the debtor’s actions provided for in paragraph (1) of this Article.