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Article 104

Within the twenty days immediately following the submission of the programme referred to in the preceding Article, any depositor or any other creditor, as well as any shareholder or other owner of the banking firm under liquidation, and every interested party, may submit to the Court his objection to the programme. The Court shall examine such objections with the interested parties of its choice. If the Court approves the objection, it will order the appropriate modification to be made in the programme, and the liquidator may, after submitting the programme to the Court and from time to time, make partial distributions to those whose claims were undisputed or were admitted by the Court, provided a reserve is set aside for the payment of disputed obligations owing by the banking firm. The liquidator shall, as soon as possible and after all objections shall have been decided upon, make the final distributions.