Wherever contained herein, the following terms and phrases shall have the meaning ascribed to them under Article (1) of the Bankruptcy Law issued by Royal Decree No. (M/50) dated 28/5/1439H and Article (1) of the Implementing Regulation of the Bankruptcy Law, issued by the Council of Ministers' Resolution no (622) on 24/12/1439 A.H.​

The Rules shall be applicable to the proposal voting meeting, the creditors' meeting, held according to Article (108) of the Law, the creditors' committee meeting, and the meeting of the deceased debtor's heirs and creditors.​

1.  The debtor invites the creditors and owners - as the case may be- to vote on the proposal.

2.  The debtor manages the proposal voting meeting in the Protective Settlement and the Small Debtors' Protective Settlement Procedures.

3.  The officeholder manages the proposal voting meeting in the Financial Restructuring and the Small Debtors' Financial Restructuring Procedures.​

 The officeholder manages the creditors' meeting held according to Article (108) of the Law. The officeholder may, as required, postpone the meeting for a period not to exceed fourteen (14) days of its original date.​

1.  The chairman of the creditors' committee shall invite the committee's members to the meeting, and the chairman may delegate – in writing – this task to any of the committee's members.

2.  The chairman of the creditors' committee may – as requires- postpone the committee's meeting for a period not to exceed fourteen (14) days of its original date.​

A.  The court shall determine the person who is entitled to manage the meeting of the deceased debtor heirs and his Creditors.

B.  Notification to attend the meeting in respect of heirs shall be restricted to the deceased debtor's heirs determined in the Heirship Affidavit.

C.  Taking into consideration Article (82) of the Implementing Regulations, the court may – in the cases under its discretion- postpone the meeting of the deceased debtor's heirs and creditors.​

If the person, whom the management of any of the meetings mentioned in Articles (3) and (4) of these Rules was assigned to, fails to be present, he is obliged to delegate - in writing- another person competent to manage the meeting.  ​

1.  The manager of any of the meetings mentioned in these Rules is obliged to carry out the necessary preparations to hold the meeting in accordance with its nature and number of attendees. The manager is obliged also to provide sufficient chances for the audience for effective participation and voting.

2.  Any of the meetings mentioned in these Rules and their deliberation and voting on the decisions thereto may be done using modern technology.  ​