RA 10142 Section 72

Period for Confirmation of the Rehabilitation Plan.

Section 72

SEC. 72. Period for Confirmation of the Rehabilitation Plan. — The court shall have a maximum period of one (1) year from the date of the filing of the petition to confirm a Rehabilitation Plan. If no Rehabilitation Plan is confirmed within the said period, the proceedings may upon motion or motu propio, be converted into one for the liquidation of the debtor.

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Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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