Article 88 of Bankruptcy Law

The debtor may, at any time during implementation of the preventive settlement proposal, invite his creditors to discuss any amendments he considers necessary to make to the proposal. Creditors must be notified of the proposed amendments and their justifications at least ten days before the scheduled meeting date. If the required majority approves the amended proposal, he shall notify the Bankruptcy Department of this proposal, the minutes of the creditors' meetings, and proof of attendance and voting, and request its ratification. Within ten days of notification of the amended proposal to the Bankruptcy Department, the Bankruptcy Judge shall ratify it if it meets the fairness criteria and has obtained the approval of the required majority; otherwise, he shall refuse ratification or suspend ratification. A grievance may be lodged against the decision ratifying the amended proposal in accordance with the provisions set out in Article 85 of this Law. Chapter Four Termination of Preventive Settlement Proceedings before Their Implementation