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Structural division: BOOK THREE › party › SECTION THREE
Article 674 — Acts and Payments Excluded from Invalidation
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
The following acts and payments made by the debtor during the suspect period may not be subject to invalidation, except in the case of fraud:
1/ new financing, the creation of security interests, the sale of assets, the payment of debts, as well as any other legal acts and payments made by the debtor pursuant to the restructuring plan, which has been confirmed by the Court;
2/ the realization of mortgages, pledges and other in rem security interests;
3/ acquisition of assets necessary for carrying out the ordinary course of business; 4/acquisition of goods by and rendering of services to third parties in good faith provided fair price paid for the goods or services.