Companies Law
Art. 247Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. Liquidation shall be carried out by one liquidator, or more, from among the
partners, shareholders, or others.
2. The period of liquidation under this Law shall not exceed three years and
may not be extended except pursuant to an order by the competent judicial
authority.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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