Bankruptcy Law
Art. 110Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
If the court decides to initiate the liquidation procedure pursuant to Article 90 of this Law, claims submitted in the course of the financial
restructuring procedure shall be considered automatically submitted as part of the liquidation procedure. Any amount paid by the debtor under the
procedure shall be deducted from the value of the creditor’s claim.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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