Saudi Minister of Justice approves new bankruptcy case rules

Justice Minister and President of the Supreme Judicial Council Dr. Walid bin Mohammed Al-Samaani has approved new rules regulating bankruptcy cases’ procedures in commercial courts.(AN Photo)
Updated 19 November 2019

Saudi Minister of Justice approves new bankruptcy case rules

  • Justice Minister and President of the Supreme Judicial Council Dr. Walid bin Mohammed Al-Samaani has approved new rules regulating bankruptcy cases’ procedures in commercial courts

RIYADH: Justice Minister and President of the Supreme Judicial Council Dr. Walid bin Mohammed Al-Samaani has approved new rules regulating bankruptcy cases’ procedures in commercial courts.

These regulations were issued after an agreement with the Supreme Judicial Council, giving effect to provisions of paragraph III of article 97 from the executive rules of the bankruptcy system.

They were developed after a survey of the requirements of those cases’ procedures in commercial courts, exploring competent and relevant authorities’ perspectives, and benefiting from the most notable international experience.

They include 24 articles regulating the procedures for reviewing requests under the bankruptcy system and its executive rules in commercial courts. The provisions of rules included: procedures related to jurisdiction and judicial processes in bankruptcy applications, duties of the unit specialized in managing bankruptcy cases in court, procedures for submitting requests and records, suspension of demands, precautionary applications, the inspection of the application and adjudication and the mechanism for issuing rules and decisions and challenging them.

Some of the most important rules which will be enacted after being published in the official gazette are: charting the course of bankruptcy cases from presenting the application until adjudicating it, and determining the case’s timeframe while taking into account the nature of bankruptcy cases. The rules also included activating the role of the administrative unit specializing in bankruptcy cases, and benefiting from modern electronic means in processing those cases, in support of the speedy completion of bankruptcy cases and the improvement of procedural labor in commercial courts which will lead to increased efficiency in bankruptcy cases.

They are expected to have an important effect in the Kingdom’s future classification for resolving bankruptcy cases in the World Bank's annual Doing Business report.


Pregnant women in Saudi Arabia warned to take special care during pandemic

Updated 21 min 28 sec ago

Pregnant women in Saudi Arabia warned to take special care during pandemic

  • The ministry’s recommendations come as many have expressed concerns about the impact of the infection on their health

JEDDAH: Pregnant women have been told to take special care in following precautionary measures related to the COVID-19 pandemic, the Saudi Ministry of Health has cautioned, as they are thought to be particularly at risk from complications.

The ministry’s recommendations come as many have expressed concerns about the impact of the infection on their health. The ministry has reiterated the importance of practicing hand hygiene, maintaining social distancing to limit the spread of the virus and wearing a mask in public at all times, especially in areas where it's hard to observe social distancing.

The ministry announced a total of 3,036 new cases of in the Kingdom on Wednesday, bringing to 220,144 the number of people in Saudi Arabia have now contracted the disease.

There were 60,035 active cases, 2,263 of them critical.

37 percent of the newly announced cases are female, 63 percent are male. Of those infected, 86 percent were adults of working age, 5 percent were over 65 and 9 percent were children.

3,211 new recovered cases have been announced, taking the total number of recoveries to 158,050, while 42 new deaths were reported, raising the death toll to 2,059.

The ministry urges everyone to use the self-assessment service in the “Mawid” application or to visit Tataman clinics that have been set up by the ministry for those who feel they are displaying COVID-19 symptoms; there are 237 such clinics.

It also recommends calling 937, its central operator, for consultations and inquiries around the clock.