Can an order for performance be issued against a debtor who is subject to financial reorganization proceedings and to whom a stay of claims period applies?
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Radiif AI Legal Assistant
⚡ Quick Answer:
An order for performance may not be issued against a debtor who is subject to financial reorganization proceedings and to whom a stay of claims period applies. Any order for performance issued in such a case shall be considered void and must be cancelled.
Legal References & Citations
يقصد بالألفاظ والمصطلحات الآتية -أينما وردت في هذا النظام- المعاني المبينة أمام كل منها ما لم يقتض السياق خلاف ذلك: النظام: نظام الإفلاس. اللائحة: اللائحة التنفيذية للنظام. المحكمة: المحكمة التجارية....
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