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Structural division: books › CHAPTER SIX › SECTION THREE
Article 790 — Reserve Account for Contested Pre-insolvency
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
1/ The final distribution shall not be delayed by the outcome of legal proceedings with respect to disputes on the admission of contested claims.
2/ The trustee in bankruptcy shall retain, in a reserve account, a portion of the proceeds corresponding to the amount the creditor of the contested claim would have received if its claim was admitted and shall adjust, where necessary, the final distribution accordingly.