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Art. 170
Obtaining a judicial composition agreement by fraud Any debtor who misleads his creditors, the Commissioner, or the debt collection authorities, in particular by false accounting or drawing up a false balance sheet, in order to obtain a moratorium of debt enforcement or the approval of a judicial composition agreement, any third party who acts in the foregoing manner for the benefit of the debtor, shall be liable to a custodial sentence not exceeding three years or to a monetary penalty. |