Bankruptcy Law
Art. 127Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
The protective settlement procedure for small debtors aims to enable small debtors to reach an agreement with creditors to settle the debts within
a reasonable time through simple, efficient, and low-cost procedures, allowing the debtor to continue management of his business.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded