Statute of the Entrustment and Liquidation Center

Release Date:	1440-07-19
Release Tool:	Council of Ministers Resolution
Issuance Instrument Number:	415
Validity:	Valid
Date of last amendment:	1447-05-20
Summary:	By AI The Saudi Council of Ministers decided to establish the "Entrustment and Liquidation Center" by Decision No. (415) dated 14/2 H, characterized by legal personality and financial and administrative independence, and is linked to the Minister of Justice. The center aims to enhance cooperation between judicial and governmental entities in liquidation and sale tasks, and it undertakes the liquidation of estates, companies, and funds, as well as the sale of assets upon the request of the concerned pa...

Release Date:

1440-07-19

Release Tool:

Council of Ministers Resolution

Issuance Instrument Number:

415

Validity:

Valid

Date of last amendment:

1447-05-20

Summary:

By AI

The Saudi Council of Ministers decided to establish the "Entrustment and Liquidation Center" by Decision No. (415) dated 14/2 H, characterized by legal personality and financial and administrative independence, and is linked to the Minister of Justice. The center aims to enhance cooperation between judicial and governmental entities in liquidation and sale tasks, and it undertakes the liquidation of estates, companies, and funds, as well as the sale of assets upon the request of the concerned pa...