Bankruptcy Toolkit

LEGISLATION

Legislation DNA

Jurisdiction

Law Number

Law Heading

Publication Date

Amended by:

Abrogating / Amending

United Arab Emirates

Federal Decree-Law No. 51/2023

Promulgating the Financial Reorganisation and Bankruptcy Law

17 Rabi Al-Awwal 1445 H (02/10/2023)

N.A

(AB)

Federal Decree-Law No. 9/2016 On Bankruptcy dated 20/09/2016

Saudi Arabia

Saudi Arabia Cabinet Decision No. 264/1439

implemented by:

Saudi Arabia Cabinet Decision No. 622/1439

On the Approval of the Bankruptcy Law

27 Jumada Al-Awwal 1439 H (13/02/2018)

N.A

(AB)

Saudi Arabia Royal Decree No. M16/1416 dated 04/09/1416 H

Qatar

Book 6 - Article 606-846 of Qatar Law No. 27/2006

Bankruptcy and Preemptive Reconciliation Book in the Commercial Transactions Law

2 Rajab 1427H (27/07/2006)

N.A

N.A

Bahrain

Bahrain Law No. 22/2018

On the Issuance of the Reorganisation and Bankruptcy Law

14 Ramadan 1439 H (30/05/2018)

Bahrain Decree-Law No. 25/2020 dated 13/07/2020

(AB)

Bahrain Decree-Law No. 11/1987 dated 23/05/1987

Oman

Oman Sultani Decree No. 53/2019

On the Issuance of the Bankruptcy Law

27 Shawwal 1440 H (01/07/2019)

N.A

(AB)

Book 5 - Articles 578-786 of Oman Law No. 55/1990

Kuwait

Kuwait Law No. 71/2020