Alqanoni

Companies Law

Art. 116
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

Demanding a Shareholder to Pay Amounts in Excess of his Obligations The company may not demand a shareholder to pay any amount other than the amount determined upon the issuance of the share, even if provided for in the company’s articles of association. Companies Law Section 2: Debt Instruments and Financing Sukuk

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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