Code of Organization and Civil Procedure (Cap. 12), article 312D

312D. In a decree upholding the demand for the issue of a warrant of seizure of a going concern, the court - (a) shall order the Registrar to appoint such experts according to artic le 89 who may be required to: (i) enlist and evaluate all the assets of the going concern; (ii) file a report whether or not, considering the debt of the going concern, such going concern should be sold or put under administration for a period of time during which it could pay back its debts; and (b) appoint a short and peremptory time for the filing of such appraisements and report and give such orders as may be necessary for the carrying out of these instructions: Provided that where the enlis ting and the appraisement of the whole complex would have already been made in the proceedings of a precautionary w arrant of seizure of a going concern, the court shall adopt same and only appoint experts to file a report whether the going concern should be sold or put under administration. Appointment of application for hearing. Added by: XIV .2006.17. Re-numbered by: VII.2007.30.