Bankruptcy Law
Art. 132Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. The petition for the moratorium shall be filed with the court using the Bankruptcy Committee form, provided it is accompanied with a brief
summary of the proposal and the requirements stipulated by the Regulations.
2. The court may request the small debtor to provide documents supporting his petition, including a statement from his auditor or from a listed
trustee or expert indicating the likelihood of creditors approving the proposal.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded