1441 - 45 - Rajab

Type:	Judgment
Judgment number:	5465
Date:	1441-07-10
Source:	Commercial Court
Summary:	By AI In the judgment issued by the Commercial Court in Jeddah on 01/07/1441, all procedures related to the debtor Hassan bin Ali bin Abda Al-Qahtani were suspended. He submitted a request for administrative liquidation of the Al-Shumoukh Arab Commercial Services Institution due to financial losses and debts amounting to 3,969,337 Saudi Riyals. A bankruptcy committee was appointed to manage the procedure, confirming that the debtor met the requirements of the Bankruptcy Law. The creditors expressed th...

Type:

Judgment

Judgment number:

5465

Date:

1441-07-10

Source:

Commercial Court

Summary:

By AI

In the judgment issued by the Commercial Court in Jeddah on 01/07/1441, all procedures related to the debtor Hassan bin Ali bin Abda Al-Qahtani were suspended. He submitted a request for administrative liquidation of the Al-Shumoukh Arab Commercial Services Institution due to financial losses and debts amounting to 3,969,337 Saudi Riyals. A bankruptcy committee was appointed to manage the procedure, confirming that the debtor met the requirements of the Bankruptcy Law. The creditors expressed th...