Alqanoni

Bankruptcy Law

Art. 189
Status unknownSaudi ArabiaRegulation

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

The prohibition stipulated in Article 188 of this Law shall not affect the calculation of the value of any creditor’s claim for the purpose of voting on the proposal. The value of the creditor’s claim for the purpose of voting shall be the remainder of the claim’s value after deducting the debtor’s dues.

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

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