Article 167 - Relief that may be granted upon application for recognition of a non-QFC proceeding
(1) From the time of filing an application for recognition until the application is decided upon, the
QFC Court may, at the request of the non- QFC representative, where relief is urgently needed to protect the assets of the Company or the interests of the creditors, grant relief of a provisional nature, including:
(A) staying execution against the
(B) entrusting the administration or realisation of all or part of the
Company's assets located in the QFC to the non- QFC representative or another person designated by the QFC Court, in order to protect and preserve the value of assets that, by their nature or because of other circumstances are perishable, susceptible to devaluation or otherwise in jeopardy; and
(C) any relief mentioned in Article 168(1)(C), (D) and (G).
(2) Unless extended under Article 168(1)(F), the relief granted under this Article terminates when the application for recognition is decided upon.
QFC Court may refuse to grant relief under this Article 167 if such relief would interfere with the administration of a non- QFC main proceeding.