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Structural division: BOOK THREE › party › CHAPTER SIX
Article 612 — Qualifications of Supervisors in Reorganization
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
1/ The court shall appoint supervisors in reorganization and trustees in bankruptcy from among qualified members of legal, accounting, auditing, finance, management and similar such professions having relevant experience; In appropriate cases, the court may appoint supervisors in reorganization and trustees in bankruptcy from members of other professions where it deems that a particular person has the requisite qualifications to carry out his duties with competence.
2/ Special regulations shall be issued governing matters such as qualifications, competence, licensing, supervision, liability, outgoing and professional rules of conduct of supervisors in reorganization and trustees in bankruptcy.