Article 539Designating Periods for Disposition by Security Interest Holders

①If security interest holders have the right to dispose of the assets that underlie the security interest without relying on the method prescribed by the Act, the court may, in response to the petition by the liquidating stock company, specify the period during which the security interest holders ought to effect the disposition.

②Security interest holders will lose their right under the preceding paragraph if they do not effect disposition during the period under the preceding paragraph.