Article 48. Written Opinion of Debtor on Application for Initiation of Insolvency Proceedings Against the Debtor

The debtor, within five days from the date of receipt of the court ruling on accepting the application of the creditor, the state tax authorities or other authorized body on initiating an insolvency case shall have the right to send to the court, the applicant and other persons participating in the insolvency case, a written opinion with respect to application, as well as notify of the initiation of insolvency proceedings against them of all creditors not indicated in the application, unless other rules are established by this Law.

The written opinion sent by the debtor to the court must be accompanied by evidence of sending a copy of it to the applicant and other persons participating in the insolvency case.

The written opinion on the application for initiation of insolvency proceedings against the debtor must contain the information provided for by the Economic Procedure Code of the Republic of Uzbekistan. The absence of a written opinion of the debtor shall not prevent the consideration of the insolvency case.