Article 424 — Duties of Agents in the Event of the Bankruptcy of

1/ Where the debtor company’s ability to pay its debt diminishes or the company suspends payment, the agent of the debenture holders, if any, shall prove for all debenture holders in the preventive restructuring, reorganization or bankruptcy proceedings; he shall receive on their behalf all notices of meetings. 2/ The agent of the debenture holders may, if so authorized by the general meeting of the debenture holders, vote at creditors` meetings held in accordance with rules of bankruptcy on behalf of the debenture holders; in calculating quorum and majority at meetings of the creditors of the company, all debentures issued on the same date shall be deemed to constitute one debt.