Article 155 of Bankruptcy Law

If a decision is issued opening bankruptcy declaration proceedings in respect of the employer and the employment contract is for a fixed term, it may not be terminated unless it is decided not to continue the debtor’s business, and the worker acts unjustly, in the event of termination of the contract, in claiming compensation, all unless the Bankruptcy Judge decides otherwise to protect the interests of the debtor and creditors and with due regard to the worker’s interest. If the employment contract is for an indefinite term, both the trustee and the worker may terminate the contract, subject to the provisions stipulated in the labour laws. If it is decided to continue the debtor’s business, the trustee shall pay wages and salaries regularly at the agreed time if the debtor’s assets are sufficient for that purpose. Law Index 1424 Home Page Bankruptcy Law Law No. 71 of 2020 Promulgating the Bankruptcy Law