Article 82 of Bankruptcy Law

Within ten days from the date on which the Bankruptcy Administration receives the notification of the creditors’ approval of the preventive settlement proposal and its attachments, the Bankruptcy Judge shall ratify the proposal after verifying that the following two conditions are met: (1) That the proposal has obtained the approval of the required majority. 2) That the proposal satisfies the standards of fairness for affected creditors set forth in the following Article.