Article 722 — Constitution of the Creditors’ Committee

1/ The supervisory judge shall constitute a creditors' committee within ten days from the opening of bankruptcy proceedings and appoint five members among creditors with substantial claims as well as the chairman of the creditors’ committee. 2/ The constitution of the creditors’ committee shall be submitted to the court for approval. 3/ A member of the creditors' committee may only be removed from his position upon a decision of the court on the proposal of the supervisory judge. 4/ However, the supervisory judge may substitute a member requesting his own substitution by another creditor. 5/ No relative by consanguinity or affinity of the debtor, up to the fourth degree inclusive, may be appointed as a member of the creditors' committee.