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Structural division: BOOK THREE › party › CHAPTER SIX
Article 606 — Powers of the Supervisory Judge
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
The supervisory judge shall have the following powers:
1/ receive pre-insolvency claims against the estate;
2/ take or cause to be taken by the appropriate authorities all steps and measures necessary to preserve the assets;
3/ authorize transactions or agreements which are outside the ordinary course of business; 4/decide on the continuation or termination of ongoing contracts; 5/authorize the payment of pre-insolvency claims;
6/ decide on the disputes arising in connection with the constitution of the classes of creditors.