Article 128 - Termination of membership
(1) Membership of the
Creditors' Committee is automatically terminated if the member:
(A) becomes bankrupt or goes into
Liquidation or administration, or compounds or arranges with his creditors;
(B) at three consecutive meetings of the
Creditors' Committee is neither present nor represented (unless at the third of those meetings it is resolved that this Article 128 is not to apply in his case); or
(C) ceases to be, or is found never to have been, a creditor.
(2) However, if the cause of termination is the member's bankruptcy, his trustee in bankruptcy replaces him as a member of the
Creditors' Committee, and in the case of a corporate member's Liquidation or administration, its Liquidator or Administrator replaces him as a member of the Creditors' Committee.