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Structural division: books › CHAPTER FIVE
Article 771 — Stay of Admission or Disallowance of Objection
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
1/ Where an objection contesting a debt is lodged and such objection may cause delay, the court shall decide whether to stay the admission of the pre-insolvency until the objection is decided on by the competent court or tribunal. [
2/ Where the competent court or tribunal disallowed the objection, it may at the same time make an order enjoining the trustee in bankruptcy to provisionally accept the claim.
3/ Where a debt gives rise to criminal proceedings, the court may order a stay of bankruptcy proceedings. In such a case, where the competent court or tribunal disallows the objection, it may not make an interlocutory order for the acceptance of the pre- insolvency claim and the creditor holding the contested debt may not join in the proceedings until judgment in criminal proceedings has been given.