Commercial Maritime Law
Art. 87Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
If no bid is made on the sale day, the competent court shall set a starting price
lower than the first, and set a date for auction, in accordance with the
announcement procedures prescribed by the regulations.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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