Objections

(1) Within twenty days of the filing of a schedule under section 112, a depositor or other creditor or shareholder of the licensee concerned, or other interested person, may file with the Central Bank any objection that person has to any action proposed in such schedule. (2) After notice served on the liquidator and such interested parties as the Central Bank may require, the Central Bank shall hear the objection and make such order thereon as it considers just in the circumstances. (3) When the Central Bank allows an objection, the order shall set out the manner in which the schedule referred to in section 112 is to be modified.