Atlas · Governance
Maximum deadline for holding the general meeting in judicial recovery is 150 days
AnswerThe maximum deadline for holding the general meeting of creditors, counted from the approval of the judicial recovery processing, is 150 days.
Reviewed on 2026-10-02 · next review 2027-04-02
Data
| Who | Criterion | Consequence | Source | Data of record |
|---|---|---|---|---|
| Debtor in judicial recovery | Approval of judicial recovery processing | General meeting of creditors must be held within 150 days | Law No. 11.101/2005, art. 56, § 1º | 09/02/2005 (original wording) |
Data consulted on 02/10/2026.
Basis
- Law No. 11.101/2005 (Planalto, in Portuguese): Art. 56, § 1º, establishes that the date of the general meeting shall not exceed 150 days from the approval of the judicial recovery processing.
How it applies
The 150-day deadline starts from the date the judge approves the judicial recovery processing. This deadline is non-extendable and must be respected for holding the general meeting of creditors, which will decide on the recovery plan presented by the debtor.
Limits
- The deadline does not apply to the general meeting called for purposes other than approving the judicial recovery plan (e.g., establishment or replacement of the Creditors' Committee).
- If the plan is rejected, the judge will declare the debtor's bankruptcy (art. 56, § 4º), with no provision for extending the deadline for a new meeting.
- Law 14.112/2020 introduced alternative mechanisms (such as approval by adhesion term), but did not change the maximum 150-day deadline for the general meeting.
- This record does not cover deadlines for extraordinary meetings or other situations not provided for in art. 56 of Law 11.101/2005.
- Subsequent changes should be verified in the official source (Planalto) or legislative updates.