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What is the time limit to implement the plan to restore business operations?

The time limit to implement the plan to restore business operations of an insolvent enterprise is prescribed in the Resolution of the creditors’ meeting adopting that plan.

In the event the meeting of creditors did not specify the time limit to implement the plan to restore business operations of an insolvent enterprise, such plan shall be implemented within 03 years from the day that the creditors’ meeting adopts to the plan.

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