المدونة

The reasons for resorting to the liquidation procedure according to the bankruptcy system are one of the most searched by people on the Internet, because in the Kingdom of Saudi Arabia, in the old days, there was no known bankruptcy system and also there were no chapters, laws and articles of it in the law, but Because of the development that the Arab world, and also Saudi Arabia, knew in the legal aspect, it was necessary to introduce it to keep pace with the rapid development of life, and also because of the increase in various conflicts between merchants, which led to some kind of chaos in the commercial center, and therefore it was necessary to put the so-called bankruptcy system in order to protect merchants And also the rights of creditors, so what is meant by the liquidation system according to the bankruptcy system in Saudi law, when it is resorted to.

Brokerage contracts are written contracts whereby a person called the broker or broker pledges to another person called the customer to search for him for a second party to conclude a specific contract and mediate in its conclusion in return for a fee.

What are the cases of resorting to the financial reorganization procedure? The financial reorganization procedure is one of the procedures that the legislator has recognized the merchant’s right to resort to in some cases or some difficulties that his commercial activity may encounter, and in the following paragraph we will refer in detail to the most prominent cases of resorting to financial reorganization to protect against the occurrence of liquidation.

One of the most popular phrases circulated in bankruptcy systems is the phrase preventive settlement, so what is meant by the latter, very briefly, the preventive settlement is a procedure whose main objective is to protect all commercial activities. From debts and distributing debts to Dania.

In the past, commercial transactions have always been focused on dealing with paper money or cash only, and this matter has been in effect since ancient times and since the invention of the so-called state, but with the development of technology that the world has known, this whole thing has changed and there are new payment methods that are easier on the one hand. Usage

A change that changed the conditions, costs and prices significantly, due to emergency reasons that were not expected at the time of the contract, so that the implementation of the contractual obligation has become, causing the obligor unusual huge losses, from price fluctuations in the trade routes. It is not the result of negligence or negligence on the part of the obligor in implementing his obligations.

The meaning of the ruling not to accept the case is one of the frequently asked questions among citizens in the Kingdom of Saudi Arabia. This procedure was specified by the Saudi legislator for a group of cases where the case is invalid for some reason, which leads to its rejection or non-consideration.

The legal field is vast, which makes many citizens in the Kingdom of Saudi Arabia raise many questions about the subject of the meaning of the ruling, regardless of the case, and if you find it difficult to identify the meaning of this phrase, we will explain it in detail in today's topic.

The current era is witnessing many developments in all fields. Logistics services are one of the vital issues that have increased interest in recent years. The Kingdom’s government has invested heavily in building many transport and logistics infrastructures such as ports, railways, roads, and airports, where open systems have helped Transport and logistics infrastructure to provide better performance, including strengthening the role of governance, reducing procedures, and a more efficient customs system.

Contracting work and building construction is one of the most important foundations of development plans in the world as a way to satisfy the main needs of the community, whether for housing purposes or for the establishment of public utilities. of economic activities.

Importing medical devices requires a number of legal procedures and official papers, and dealing with the competent authorities that allow sale within a legal framework in the Kingdom of Saudi Arabia. Therefore, dealing with an agent with broad knowledge of the laws of importing and licensing Saudi medical supplies must be done.

It is important for any institution or company to highlight the internal regulation for the organization of work for its employees, after preparing it and obtaining the approval of the Ministry of Labor on it. What is this regulation? And how important is it to each of the institutions and companies of all kinds?