(1) The opening of insolvency proceedings is to be entered in the land register
1. for any parcel of real estate with the debtor registered as owner;
2. for the debtor’s registered rights to real estate or to registered rights if the type of such rights and the circumstances give rise to the suspicion that the insolvency creditors would be placed at a disadvantage without such entry.
(2) If the insolvency court is aware of such parcels of real estate or such rights, it is required to request the land register to make an entry ex officio. Such entry may also be requested from the Land Registry by the insolvency administrator.
(3) If the administrator releases or sells a parcel of real estate or a right for which the opening of insolvency proceedings has been registered, the insolvency court is to request the land register to delete such entry. Such deletion may also be requested from the Land Registry by the administrator.