Civil Transactions Law
Art. 268Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. A tender shall only be valid if it fully covers the debt due and its costs, as
specified in the contract or as per the type of debt.
2. A tender may be made during a court hearing without further proceedings if
the relevant creditor is present; this shall be deemed a notification.
3. Deposits ordered by the court shall take into consideration the nature of the
thing deposited, whether depositing the thing itself or placing it under
receivership; the creditor shall be notified thereof.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded