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Article (95): Filing a Lawsuit Against the Company

1)

After the liquidation decision is issued, a creditor, debtor, Insured or Beneficiary may not institute a lawsuit against a Company under liquidation, unless in accordance with the grounds and procedures referred to in this Decree-Law.

2)

Without prejudice to the provisions of Clause (1) of this Article, a Person affected by the liquidator’s actions or procedures may challenge the same before the competent court having jurisdiction where the Company’s head office is located, pursuant to the provisions of the legislation in force in this regard. The court may confirm, nullify or amend such actions and procedures, and may order the liquidator to take actions as may be required.