Alqanoni

Bankruptcy Law

Art. 142
Status unknownSaudi ArabiaRegulation

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

The small debtors' financial restructuring procedure aims to facilitate an agreement between the small debtor and his creditors in order to restructure his business within a reasonable period, through simple, low cost, and efficient procedures and under the supervision of the trustee.

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

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