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Structural division: BOOK THREE › party › CHAPTER ONE
Article 648 — Publication of Jugements
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
1/ The judgments rendered for opening and closing of reorganization proceedings shall be publicized by the registrar of the court by means of notices posted at the entrance of the Court and by an extract publication in a newspaper of wide circulation in Ethiopia.
2/ The court's registrar shall ensure that the judgment rendered for opening reorganization proceedings is entered in the commercial register in accordance with the relevant laws.
3/ The supervisor in reorganization and the court's registrar shall enter and sign a note of the judgment opening reorganization proceedings at the end of the entries in the debtor's books, and the books shall be handed back to the debtor.
4/ Copies of the judgments rendered for opening and closing reorganization proceedings shall be sent to the debtor, the supervisor in reorganization and the petitioning creditor, immediately after the judgment; the copy shall mention the names of the debtor, other parties to the proceedings, the supervisor in reorganization, and the supervisory judge and shall mention the effective date of the judgment.
5/ The court's registrar shall send a copy of the judgment to the public prosecutor.
6/ The court's registrar shall send three official copies of the judgment to the federal or regional officials in charge of the commercial register with a view of making the necessary changes in the registers.
7/ A copy of the judgment shall be posted at the premises of the debtor and any place where the debtor carries out his business.