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Legal Rules of Procedure for Bankruptcy in accordance with the Saudi Law of 1439H

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Legal Rules of Procedure for Bankruptcy in accordance with the Saudi Law of 1439H
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    Global Proceedings Repository    American Research Foundation ISSN 2476-017X   Available online at http://proceedings.sriweb.org http://arab.kmshare.net/    99   The 10th International Scientific Conference Under the Title “ Geophysical, Social, Human and Natural Challenges in a Changing Environment ”   ا   وا   ا   ا   نا    "          او   او   او   ا   تا " 26 - 25   –  ز 2019 - ا  –   http://kmshare.net/isac2019/    Legal Rules of Procedure for Bankruptcy in accordance with the Saudi Law of 1439H Deena Abdalla Salih Abdalla Researcher in Commercial Law Dina198465@gmail.com Abstract : Bankruptcy is one of the most important legal systems for the economic and commercial environment, because it aims at protecting business activity and supporting the credit element. This is the basis of the bankruptcy law of the Kingdom of Saudi Arabia No. (50) of 1439H Including seventeen chapters, and seven goals proposed by this new system, which came into force to launch the Ministry of Commerce and Investment this system of lifeline for all troubled companies and on the verge of collapse, the system may contain several measures, such as preventive settlement and financial reorganization in addition to the preventive settlement of small Civilians and others, Bankruptcy is one of the most important legal systems for the commercial and economic environment. Bankruptcy is one of the most important issues in terms of support for companies and institutions to continue their business rather than disabling them, encouraging investment in Saudi Arabia, boosting economic activity and attracting international investors. The purpose of this study is to study the objective rules of the bankruptcy system, which    Global Proceedings Repository    American Research Foundation ISSN 2476-017X   Available online at http://proceedings.sriweb.org http://arab.kmshare.net/    99   include the importance of bankruptcy and the serious consequences of bankruptcy on the debtor and even on creditors and other rights holders. And the importance of the issue of debt relief for small or medium bankruptcy, stressing that the bankruptcy laws are of great importance that require the facilitation of small or medium-sized entrepreneurs, and the extent of the system's contribution to keeping national companies from collapsing. This study attempted to answer a number of questions such as what are the procedural rules governing bankruptcy in the Saudi system? What is the difference between bankruptcy and insolvency and the relationship between them? What is the difference between the rules governing bankruptcy in the current Saudi regime and the previous regimes? How are bankruptcies resolved? The researcher will follow the analytical and comparative descriptive approach. The research will be used in scientific and academic fields, in the field of enactment of regulations, in practical and applied fields, and in reaching important conclusions and recommendations .      يدا   م   و   س   اا   ا   اا 4193 ـ ةركد :          د      يرا   نا       ا   ص   راو   دا      ا   ا   ا   زأ      سا    , يرا   طا      ا      ف   نا      د      او , ا   ء   ا   و   ء   دا   ما - م " ا  "    ر   دا   ا (/05)  934          ً   ـ , ا   ما   ا      فاأ   و  ,  بأ      و   ةا   تا      ةا   ق   ما   ا   راو   ةرا   ةرازو      ا      د   ياوااءاإ   ة      ما   ي      ر , ر   ا   ا   إ      ا   ا   ةدإو   ا   و   ا , داو   را      ا   ا   ا   زأ      سا   و , سا   ع         ا   تا         ً   أ   وا   را   تاو   ت   د             , وا   ي   بو   يدا   طا   و   دا   ا   ا      را  . ار   ا   ا   فو    Global Proceedings Repository    American Research Foundation ISSN 2476-017X   Available online at http://proceedings.sriweb.org http://arab.kmshare.net/    99   أ      او   سا   م      ا   ا   اا   ة   رآ      سا            و   سا   قا   بأ      و   اا      و   ا . وأ   ةا         نا      ءا      أوا , را   بأ      ا   م   ا   ة   أ      سا   ا   نأ      ًدا   وأ   ةا , را      ا   تا      ظا      ما   مإ   ىو . تؤا      د      ا   ارا      وو   اا         اااو   سا      قا      و   ؟يدا   ما      س   ا   او   ؟ا      وت         و   ؟ا   او   ا   يدا   ما      س   ا   اا      ف   ؟سا   نراو   ا   ا   ا   ا       , داو   ا   تا      ا   ا      دو , ل   وا    , ا   تا   واو ,    تو      لو . إ   ا      و : لوا   ا :    و   سا   م . لوا   ا : سا   م . ا   ا :    و   سا . ا   ا :    يدا   سا   م   ا   تا 934 لوا   ا :    ا   سا   م   تو   أ 934 ا   ا :    يدا   ما      س   ا   تاءااو   اا 934 ا   ا : ا   وأو   رادا   او   ا   ر   س   ا   تاءاالوا   ا : ا   ر   ا   تاءااا   ا : ا      ز      نا   وأتاو   ا   أ      يو   ا ا   د      دا   ا   ا   ن   ا   ا      ءارزا         راإ      سا   م      أ                  ة   وأ   ت   ءا   دا   ت   ص   م      سا   م   را   يراو   يدا   طا   نر   داأ   وأ   ا    ,    أ   د   ا   ن      س   داو    Global Proceedings Repository    American Research Foundation ISSN 2476-017X   Available online at http://proceedings.sriweb.org http://arab.kmshare.net/    9022      ا   لا . ا   داا      و   ا         ما   ا   د   م   ن   ًر   ً   نر      اا         إو   ا            سا ,    دا   تا         ا   اأ   زأ         ا      لا      اا      نأ            دوو   ا         قإ   دو      لاوا      ا   ةد   وأ   س      اا   و   ل    .    اد   وأ      ي   اد   د         وأ         وأ         نأ    ,    ارد      و   أ      و      ا   لاا   اا         و   ًا   ذ      او   اإ      ا   لاا         ء   وأ         نأ      اأ   و      و            و   ا , ذا   ةا   تاا      اا   زا      وإ   ط      تا      ا      ا   ءا   زا      و   ردا   دا      ر    . اا   إ   ا   تارا   ب      ً   ً   ما   ا   ن    ,       ًإ   ً   أ   إ   إدا   تاو   تا , را      و   وا   ا         ل         ًا   ن   اا   ا      او   ما      د , ٍذ   و   ا      رو   را      تا      ظاد   ص   ا   و   تار  , سا   تاءاإ      ا      را      ا   إ   ا   ر   ءاإ   و   ً   ةدراا ,    ا   دا      صا   عا      و      ا      تا   م   ا         ياو   دا   سا   م               ءا ,    ما   ا      او   تا   فإ         ً      ن   ا   لوا      ا   ا   م      ي .  لوا   ثار   و   سا   م   ا      سا   م      فا   سا   او   مأ      ا    , او , دا   ماو , ور   س      تاذ   ت   م      فا      ًأ    , او   سا      ا    . لوا   اسا   م   وأ : ا      سا   م    Global Proceedings Repository    American Research Foundation ISSN 2476-017X   Available online at http://proceedings.sriweb.org http://arab.kmshare.net/    902   إ      أ       ( 1 )  , أ   نزو      أو , ا      تز            و ,    ةدا      وةروا ( 2 )  , ارد   اذ   ن   نأ      س   اذ   ر   يأ ,  ( دا   زا      را          . ) وةاو   ا         ًء   سو   أ      ا , لاو   ا   او   ا      ل   ا   د      ساوا   إ   ا       . ا   و (    ُأ      أ      ر         كردأ    ) ( 3 )   ا   أو , ً   ر   يأ      و ( 4 ) .        ّ   ر   او , ّ   نزو      ّو , ا      ةدز   وأ            و ( 5 )      ز   ن   نأ      ً   ا ,    ا   و ,       ىد   يأ ( 6 )   سا      نأ                     ا    , تاذ   ًاأ      ن   نأ      لاا   أ   ر   يأ .                      و . ا            سا      نأ    , ا      ا   نا   وأ ,          إ   ن      با      ساو . ا   نأ   ةا   ةدز   يأ   س   لوا   ا   رةروا      ا   ا    .    : ا      سا   م       أ   ا      يا   ا   ن   نأ      سا , أ   أ   إ   ل      ن   مأ   أ   ل   يذ      نأ   ءاود    ( 7 )   ا   ا   ل :          إو      ن   نإو         د , د         فا         ن , مو    ( 8 ) . د   ءو      ر            ف   ا   و ( 9 ),   د      د         ا   و ( 10 )  . و   1) )  . ا      ر   أ , ا   ا   ا    , ا    (8552. ) 2) )   وا , ا   اا         ف ,4. 3) )   با   ن (3/352.) 4) )   ا , ا   سأ ,329. 5) )   وا , ا         فا   ا ,39. 6) ) يا , سوا   ج (91/433),    إ , با   ن (1/911). 7) )   ا   ا (8/824.) 8) )   ا (3/352).
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