Bankruptcy proceedings

Bankruptcy proceedings

The Bankruptcy Law is the system for organizing bank
ruptcy cases within the Kingdom of Saudi Arabia and
includes seven main procedures related to various
bankruptcy cases.
• Small Debtors’ Protective Settlement procedure
• Small Debtors’ Financial Restructuring procedure
• Small Debtors’ Liquidation procedure
• Protective Settlement procedure
• Liquidation procedure
• Financial Restructuring
• Administrative liquidation procedure