Article 67 Rehabilitation procedures ........................................................................49
Article 67A Bridge banks
Section 13 - Liquidation of Banks...........................................................................................51
Article 68 Voluntary liquidation ...............................................................................51
Article 69 Reserved ...................................................................................................51
Section 14 - Receivership of Banks ........................................................................................51
Article 70 General insolvency law does not apply to banks.....................................51
Article 71 Grounds for opening bankruptcy proceedings.........................................51
Article 72 Petition for opening bankruptcy proceedings ..........................................52
Article 73 Appointment of conservator ....................................................................52
Article 74 Tribunal hearing .....................................................................................533
Article 75 Grounds for rejecting the petition ............................................................53
Article 76 Rejection of frivolous petitions filed by bank creditors ..........................53
Article 77 Forced liquidation if bankruptcy petition is rejected .............................544
Article 78 Bankruptcy decision ................................................................................54
Article 79 Service and publication of bankruptcy decision ......................................54
Article 80 Receiver ...................................................................................................54
Article 81 Powers of the receiver..............................................................................55
Article 82 Effect of bankruptcy decision ................................................................566
Article 83 Finality in payment and securities settlement systems ............................57
Article 84 Transfers of bank shares, bank assets and liabilities .............................588
Article 85 Property report .........................................................................................58
Article 86 Registration of claims ............................................................................599
Article 87 Admission of claims ................................................................................59
Article 88 Set off and netting ....................................................................................60
Article 89 Termination of current contracts............................................................622
Article 90 Negotiated settlements.............................................................................62
Article 91 Secured claims .........................................................................................62
Article 92 Priority of payments.................................................................................63
Article 93 Liquidation plan .....................................................................................644
Article 94 Reserved ...................................................................................................64
Article 95 No compromise with creditors.................................................................64
Article 96 General meeting and committee of creditors.........................................655
Article 97 Immediate advances to depositors ...........................................................65
Article 98 Distribution of payments .........................................................................65
Article 99 Bankruptcy proceedings concerning branch or representative office......65
Article 100 Cross border bank insolvency................................................................66
Article 101 Consultations between the Financial Services Tribunal and CBI ..........67
Article 102 Termination of bankruptcy proceedings ................................................67
Section 15 - Final Provisions ..................................................................................................67
Article 103 Applicability of certain laws ..................................................................67
Article 104 Regulations ............................................................................................67
Article 105 Judicial review ......................................................................................68
Article 106 Transitional provisions ........................................................................699
Article 107 Repeal ....................................................................................................69
Article 108 Entry into force ......................................................................................70