Alqanoni

Bankruptcy Law

Art. 123
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

The court shall initiate the debtor’s administrative liquidation procedure if it has terminated the procedure pursuant to Article 122(1)(a) of this Law, and shall refer the case documents to the Bankruptcy Committee.

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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