Commercial Maritime Law
Art. 72Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
If no mortgage creditor makes the petition referred to in Article 71, the person
in possession of the vessel may clear the vessel from the mortgage by
depositing its amount in the court treasury. In such case, he may request that
the mortgage registration be canceled without taking any further procedure.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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