The Consumer Debt Clearance Statute Article 118
This English translation was last updated on 2018-12-26, but the Chinese text was amended on 2021-06-16. Later amendments may not be reflected in the translation — please refer to the Chinese text.
The creditors' meeting may resolve the following matters:1. The management of the liquidation estate and the method of disposition of its properties.2. The suspension or continuance of business operation.3. Return to debtors or waiver of property which cannot be easily appraised.
中文原文 消費者債務清理條例第118條
債權人會議得議決下列事項:
一、清算財團之管理及其財產之處分方法。
二、營業之停止或繼續。
三、不易變價之財產返還債務人或拋棄。
一、清算財團之管理及其財產之處分方法。
二、營業之停止或繼續。
三、不易變價之財產返還債務人或拋棄。