Bankruptcy Law
Art. 23Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
Without prejudice to the provisions of Chapter 14 of this Law, the registration of a petition for the initiation of a protective settlement procedure,
or the initiation of such procedure shall not affect any contract to which the debtor is party. Any condition to the contrary shall be deemed null and
void.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded