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Part 6 · Insolvency plan  ›  Division 1 · Establishment of plan › Section 233

Suspension of realisation and distribution

To the extent to which continued realisation and distribution of the insolvency estate would impair implementation of an insolvency plan which has been submitted, the insolvency court, at the request of the debtor or insolvency administrator, orders suspension of realisation and distribution. The court overrules or stops such suspension if it entails the risk of considerable disadvantage to the insolvency estate or if the administrator, with the consent of the creditors’ committee or assembly, requests continuation of realisation and distribution.

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