Alqanoni

Companies Law

Art. 257
Status unknownSaudi ArabiaRegulation

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

1. At the end of liquidation, the liquidator shall submit a detailed financial report of all the activities he carried out during liquidation. The liquidation shall end upon the approval of such report by the authority which appointed the liquidator. 2. The liquidator shall register the end of liquidation with the Commercial Register and publish it therein. The end of liquidation shall not be valid vis- à-vis third parties except from the date on which the company is stricken from the Commercial Register.

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

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