Alqanoni

Bankruptcy Law

Art. 38
Status unknownSaudi ArabiaRegulation

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

Upon completion of the implementation of the plan, the debtor shall file a petition with the court to render a decision terminating the protective settlement procedure, and shall attach therewith the information and documents specified in the Regulations. The debtor shall notify the creditors of such petition prior to filing. Any person with interest shall have the right to object to such petition before the court within 14 days from the date of filing the petition.

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

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