SACC 2391/1443

This case involved a request for administrative liquidation. All the required documentation had not been provided.

Background

An agent of a Medical Equipment Maintenance Company applied to the commercial court for the initiation of administrative liquidation proceedings for the company due to its inability to settle its debts.

Decision

The request did not meet the legal requirements stipulated in Article 5(c), (h), (w) of the Bankruptcy

Law, paragraphs (c), (h), and (w) of Saudi Arabia Cabinet Decision No. 264/1439 as it not include supporting documents for all the debts and did not meet the requirements of Article 6(b) of Saudi Arabia Cabinet Decision No. 264/1439

Therefore, the court decided to dismiss this request.