Alqanoni

Bankruptcy Law

Art. 160
Status unknownSaudi ArabiaRegulation

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

The small debtors' liquidation procedure aims to sell bankruptcy assets and disturb their proceeds to creditors within a reasonable period through simple, low cost, and efficient procedures 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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