(1) The debtor’s obligations under commercial and fiscal law to keep and render accounts remain unaffected. The insolvency administrator is required to meet this obligations in relation to the insolvency estate.
(2) A new business year begins when the insolvency proceedings are opened. However, the period which has elapsed prior to the report meeting is not taken into account in statutory periods provided for the drawing up or publication of financial statements.
(3) Section 318 of the Commercial Code applies to the appointment of the balance sheet auditor in the insolvency proceedings, with the proviso that such auditor is appointed exclusively by the register court at the administrator’s request. If an auditor was appointed for the business year prior to the opening of the insolvency proceedings, the validity of such appointment remains unaffected by the opening of insolvency proceedings.