SEC. 12. The causes for which objection may be made to the decision of the meeting shall be—
(a) Defects in the call for the meeting, in the holding thereof, and in the deliberations had thereat which prejudice the rights of the creditors;
(b) Fraudulent connivance between one or more creditors and the debtor to vote in favor of the proposed agreement;
(c) Fraudulent conveyance of claims for the purpose of obtaining a majority.
Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026
CitationAct No. 1956 Section 12 (LawPlayer, data as of July 4, 2026)
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).
