Commercial Maritime Law
Art. 86Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
The sale shall be effected after two sessions with an interval of seven days.
The highest bid made at the first session shall be initially accepted and shall be
the starting price for the auction at the second session at which the forced sale
shall be awarded to the highest bidder in the two sessions.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded