Obligations Of The Relevant Personnel Of The Debtor

During the period from the day when the court decides to accept an application for bankruptcy to the day when the procedures for bankruptcy are concluded, the relevant personnel of the debtor shall bear the following obligations:

(1) Properly preserving the assets, seals and account books as well as documents under its occupation and management;
(2) Working according to the requirements of the court and bankruptcy administrator and answering their inquiries in a faithful manner;
(3) Attending the creditor's meeting and answering the creditors' inquiries;
(4) Not leaving its domicile in the absence of permission of the court; and
(5) Not assuming any post of director, supervisor or senior manager in any other enterprise.

The term "relevant personnel" as mentioned in the preceding paragraph are the legal representatives of an enterprise, which may, upon approval of the court, include the financial managers and other operators of the enterprise.
After the court accepts an application for bankruptcy, the repayment of debts made by a debtor to individual creditors shall be invalidated.