Alqanoni

Bankruptcy Law

Art. 164
Status unknownSaudi ArabiaRegulation

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

The trustee shall petition the court to terminate the small debtors' liquidation procedure immediately after becoming aware that the sale proceeds of the bankruptcy assets are insufficient to cover expenses of the small debtors' liquidation procedure.

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

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