1441 - 65 - Jumada al-Thani

Type:	Judgment
Judgment number:	7185
Date:	1441-06-18
Source:	Commercial Court
Summary:	By AI In Case No. 185 for the year 1481 AH, Khalid Malham Al-Ayash, owner of Al-Ayash Iron Industries, submitted a claim for financial reorganization due to his financial distress. The Commercial Court in Riyadh, presided over by Judge Ibrahim bin Abdulaziz Al-Muflih, decided to initiate the financial reorganization proceedings and appointed Huda Aqeel Al-Zaili as the procedure administrator. The seizure on the bank accounts and equipment was lifted, allowing the debtor to organize his financial situa...

Type:

Judgment

Judgment number:

7185

Date:

1441-06-18

Source:

Commercial Court

Summary:

By AI

In Case No. 185 for the year 1481 AH, Khalid Malham Al-Ayash, owner of Al-Ayash Iron Industries, submitted a claim for financial reorganization due to his financial distress. The Commercial Court in Riyadh, presided over by Judge Ibrahim bin Abdulaziz Al-Muflih, decided to initiate the financial reorganization proceedings and appointed Huda Aqeel Al-Zaili as the procedure administrator. The seizure on the bank accounts and equipment was lifted, allowing the debtor to organize his financial situa...