The provisions of the Insolvency Code on the insolvency plan apply subject to the following derogations: 1. a plan is taken into account where it is received by the insolvency court before the conclusion of the additional-contribution procedure; 2. the descriptive part of the plan must state in what amount the members have already made additional contributions, and to what further additional contributions they could be called on under the statutes; 3. in forming the groups for fixing the rights of the creditors in the plan, a distinction may be drawn between the creditors who are at the same time members of the cooperative and the other creditors; 4. before the discussion date, the insolvency court must hear the auditing association to which the cooperative belongs, on whether the plan is compatible with the interests of the members.
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Section 116
Insolvency plan
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