Composition proceedings are initiated by:
an application by the debtor with the following documents attached: an up-to-date balance sheet, a profit and loss account and a liquidity plan or corresponding documents showing the debtor’s current and future assets, earnings or income situation, as well as a provisional restructuring plan;
a request by a creditor who would be entitled to file a bankruptcy petition;
the transfer of files in accordance with Article 173a paragraph 2.