In bankruptcy proceedings, a temporary court supervisor may be appointed at the stage of examining the application for declaration of bankruptcy. Therefore, this may take place after submitting the above-mentioned to the court. the application, but before it is examined. The primary task of the temporary court supervisor is to secure the debtor’s assets.
Decisions on the appointment of a temporary court supervisor, dismissal or change of the person of a temporary court supervisor are subject to announcement. This also applies to information about the decision to revoke the security by dismissing the temporary court supervisor becoming final.
In the proceedings to examine an application for declaration of bankruptcy, the court decides whether the temporary supervisor will be obliged to prepare reports on his activities. If so, they will have to include, first of all, information about the debtor’s financial condition, the type and value of his assets. The expected costs of bankruptcy proceedings are also necessary. The court also sets a deadline for submitting this report.
The appointment of a temporary court supervisor in bankruptcy proceedings limits the debtor’s right to manage his assets. After establishing this body, the debtor is only entitled to undertake ordinary management activities. For decisions exceeding this scope, under pain of invalidity, it is necessary to obtain the consent of the temporary court supervisor. This consent may also be granted after a given activity has been performed.