Financial Rehabilitation Rules of Procedure (2013), Supreme Court A.M. No. 12-12-11-SC (Philippines)
The procedural rules define the process which apply to court-supervised rehabilitation through voluntary or involuntary proceedings. They further define the qualifications, appointment, powers, and duties and functions of the rehabilitation receiver and the management committee.
The procedural rules also lay down the process for filing and determination of claims. They provide for the process for a pre-negotiated rehabilitation, out-of-court or informal restructuring agreement or rehabilitation plan and cross-border insolvency proceedings.