1441 - 30 - Dhu al-Hijjah

Type:	Judgment
Judgment number:	4348
Date:	1441-12-29
Source:	Commercial Court
Summary:	By AI In Case No. 4348 for the year 1441 AH, Alinma Bank filed a lawsuit for the liquidation of Al-Bulhaid Investment Holding Company due to its failure to settle its debts. The court ruled to initiate the liquidation procedure and appointed Bassam bin Mohammed Al-Buqai as the trustee for the procedure, indicating that the continuation of the company's activities was not feasible due to the absence of financial statements. The previous board of trustees was dissolved due to lack of cooperation, and it...

Type:

Judgment

Judgment number:

4348

Date:

1441-12-29

Source:

Commercial Court

Summary:

By AI

In Case No. 4348 for the year 1441 AH, Alinma Bank filed a lawsuit for the liquidation of Al-Bulhaid Investment Holding Company due to its failure to settle its debts. The court ruled to initiate the liquidation procedure and appointed Bassam bin Mohammed Al-Buqai as the trustee for the procedure, indicating that the continuation of the company's activities was not feasible due to the absence of financial statements. The previous board of trustees was dissolved due to lack of cooperation, and it...