Alqanoni

Bankruptcy Law

Art. 19
Status unknownSaudi ArabiaRegulation

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

The debtor shall notify his creditors of the court’s moratorium decision upon its issuance, and shall, during the moratorium period, exercise due diligence to convince his creditors to vote in favor of the proposal.

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

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