Company: G
Filing Date: 2025-11-14
Form Type: 424B5
Source: 0001140361-25-042317
Chunk: 114

Company: Genpact LTD
Filing Date: 2025-11-14
Form: 424B5
Chunk 114
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 Guarantor, the presiding judge of the chamber of the court appoints a delegated judge ( juge délégué) to report to the court seized of the case on the admissibility and the basis of the application based on the hearing of the Subsidiary Guarantor, as well as any other person considered useful to the investigation. Within fifteen days of the filing of the application for judicial reorganization it must be examined by the court and the debtor is summoned to a hearing. After hearing the report of the delegated judge and if the opening conditions are met, the court will declare the judicial reorganization procedure opened. Within fourteen days of its pronouncement, the Subsidiary Guarantor must individually notify the creditors of the opening judgment. Creditors may consult the list of creditors at the court registry. The main effect of filing an application for the opening of judicial reorganization proceedings is to obtain a suspension effect (as of the filing of the application) during which the Subsidiary Guarantor cannot be declared bankrupt (except at its own initiative), be dissolved, or be the subject of an administrative dissolution proceedings without liquidation ( dissolution administrative sans liquidation). The obligation to declare bankruptcy is also suspended during this period. In addition, no realization of any movable or immovable property of the Subsidiary Guarantor can take place following the exercise of any enforcement measure ( voies d’exécution) (subject to certain exceptions). However, this shall not affect the realization of financial collateral arrangements falling within the scope of the Collateral Act 2005. No attachment can be enforced in respect of claims against the Subsidiary Guarantor, whilst attachments enforced prior to the stay will retain their conservatory character, subject to certain release measures that can be taken by the applicable court). In the opening judgment, the judge sets the duration of the stay ( sursis), which cannot exceed four months (subject to certain exceptions) after the decision to open the proceedings. The stay does not prohibit voluntary payments by the Subsidiary Guarantor to its creditors, insofar as this payment is necessary for the continuity of such Subsidiary Guarantor’s business. Without prejudice to the application of the Collateral Act 2005 and in particular the rules on set-off and netting provided therein, set-off between outstanding claims and claims arising during the suspension is only permitted if these claims are related ( créances connexes). The stay does not, in principle, terminate existing contracts or the terms and conditions of their