Alqanoni

Bankruptcy Law

Art. 64
Status unknownSaudi ArabiaRegulation

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

Any creditor who fails to submit his claim within the period specified in Article 56 of this Law shall be excluded from voting on the proposal, unless he proves to the court prior to voting that: a) he submitted his claim, but such claim did not reach the trustee for reasons beyond his control; b) the debtor omitted his claim from the list submitted to the trustee; or c) the trustee omitted his claim from the list filed with the court.

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

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