(1) In the order opening the insolvency proceedings the insolvency court sets a date for
1. a creditors’ assembly at which a decision is taken on the continuation of the insolvency proceedings based on the insolvency administrator’s report (report meeting); such assembly is, as a rule, to be docketed within six weeks and must not be docketed more than three months later;
2. a creditors’ assembly in which filed claims are verified (verification meeting); the period between expiry of the period for filing claims and the verification meeting is, as a rule, to be no less than one week and no more than two months.
(2) The meetings may coincide. The court is to dispense with the report meeting if the debtor’s financial circumstances are comprehensible and the number of creditors or the amount of the obligations is low.