In brief
Gives a distressed debtor statutory routes to settlement, financial reorganisation or liquidation while protecting creditors' rights.
What it covers
- Protective settlement
- Financial reorganisation
- Liquidation
- Special procedures for small debtors
Timeline
- Issued: Royal Decree M/50 · 28/5/1439H
Full record of amendments and regulations at the official source
Official text at the Bureau of Experts
The authoritative text is in Arabic; the Bureau of Experts publishes English translations for some laws.
Library content is simplified general information for awareness only. It is not legal advice and does not replace the official text. Laws change: always check the official source and consult a lawyer before acting. Library data last reviewed: .