Bankruptcy Law
Art. 88Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. A court's decision ordering the termination of a financial restructuring procedure shall not relieve the guarantor from his obligations to implement
the plan.
2. A creditor shall not be required to return to the debtor any payments received prior to the termination of the procedure.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded