Alqanoni

Companies Law

Art. 243
Status unknownSaudi ArabiaRegulation

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

Notwithstanding the reasons prescribed for the termination of each form of company, a company shall be terminated for any of the following reasons: a) Expiration of its term if it is incorporated for a specified period, unless the term is extended in accordance with the provisions of this Law. b) Agreement of the partners or shareholders to dissolve the company. c) Issuance of a final judgment to dissolve or annul the company.

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

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