Cap. 16 Art. 1203Set-off does not affect rights of third party.

(1) Set-off shall not take place to the prejudice of the rights acquired by a third party.

(2) A person who, being a debtor, becomes a creditor after the debt has been attached in his hands by a garnishee order sued out by a third party, cannot set up a set-off to the prejudice of the party suing out the order: Provided that nothing in this article shall prohibit a set-off of a credit arising in the course of the granting of facilities referred to in article 381(1)(f), (g) and (h) of the Code of Organization and Civil Procedure.