Alqanoni

Companies Law

Art. 120
Status unknownSaudi ArabiaRegulation

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

Decisions of shareholder assemblies shall apply to holders of debt instruments and financing sukuk. However, said assemblies may not amend the rights established for such holders unless they approve the amendments in a special assembly held thereby in accordance with the provisions of Article 89 of this Law. Companies Law Chapter 5: Joint-Stock Company Finances

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

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