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Appointment of Provisional Receiver
Article 666
The court shall appoint the provisional receiver with the ruling to start bankruptcy proceedings, or in the cases under Art. 657, provided he meets the requirements under Art. 655 and has given his consent.
Discharge of Provisional Receiver
Article 667
The provisional receiver shall be discharged under the terms and conditions set forth in Art. 657 and upon the appointment of the receiver appointed by the meeting of creditors.
Powers of the Provisional Receiver
Article 668
Provisional receivers shall enjoy the powers under Art. 658. In addition, within 14 days after the date of the ruling on bankruptcy proceedings, the provisional receiver shall prepare:
- 1.
- a list of creditors on the basis of the debtor's books, stating the size of their takings;
- 2.
- abstract from the commercial books certified him;
- 3.
- a report in writing on the reasons for the insolvency, the condition of the property and the measures taken to protect it as well as the possibilities for reorganisation of the enterprise.
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