The list of information and documents stipulated in the Bankruptcy Law and its Executive Regulations was issued by the Bankruptcy Committee Resolution No. 17-0218 on 13/3/1440 AH and entered into force as of the date of its publication in the Official Gazette on 03/20/1440 AH.
General Provisions
The sheet of any application must include the data and accompaniments required by the pleading procedures before the commercial courts for both the applicant and the debtor, and the sheet of any application must include the type of application, the reason for its submission, the type of bankruptcy procedure, the ruling or decision opening the procedure, if any, and the data of the appointed or proposed trustee. If any, a request to open the bankruptcy procedure shall be accompanied by the request to open any of the bankruptcy procedures, submitted by the debtor, with a summary of the activity, a copy of the license to practice it, evidence that the debtor is bankrupt, insolvent or fearful of default, and the debtor’s financial information.
The request sheet must also include a summary of the debtor’s financial position during the (24) months preceding this request, the effects of the economic situation therein, the financial statements if the debtor is a legal person, and what shows the financial position if he is a natural person, for a period of (12) ) At least a month ending on a date not more than a month before the submission of this application and expectations of future cash flows for a period of at least (12) months from the date of submitting this application and the list of debts owed by the debtor including the value of each debt, its origin, the date of its fulfillment and the name of each creditor Its identity or commercial register number, address, means of contacting it, a statement of secured debts, type of guarantee, list of the debtor’s assets, estimation of the total value thereof, data of the debtor’s employees, their total monthly wages and the decision of approval of the competent authority to record the application for opening the bankruptcy procedure for the debtor, if it is a regulated entity Or what proves that he has submitted an application for approval and that the specified period has passed without a decision being issued in accordance with the provisions of Paragraph (3) of Article (Third) of the system.
The application to open any of the bankruptcy procedures submitted by the competent authority must be accompanied by the legal document to consider the debtor as a regulated entity subject to its supervision and proof that the debtor is bankrupt, insolvent or fearful of default. The preventive settlement or the preventive settlement procedure for small debtors during the (12) months preceding this request, and a statement from the bankruptcy register regarding this and the proposal, indicated by a trustee included in the trustee list that he has completed the required information and documents.
The application for the opening of the liquidation procedure and the liquidation procedure for small debtors submitted by the creditor must be accompanied by proof of the amount of the debt or the total amount of the applicants’ debts, provided that it is not less than the amount determined by the Bankruptcy Committee and proof that the debt is due, by virtue of an executive deed or an ordinary paper.
Judicial deposit request
The application for judicial deposit submitted by the bankruptcy trustee must be accompanied by evidence of the agreement of the small debtor or the competent authority with the trustee and the decision of the small debtor or the competent authority to open the procedure for financial reorganization of small debtors or the liquidation procedure for small debtors and the information and documents contained in these regulations, if the decision is The opening of the procedure is issued by the small debtor, and the information and documents contained in these regulations, if the decision to open the procedure was issued by the competent authority and a declaration by the debtor that he was not subject to the financial reorganization procedure or the financial reorganization procedure for small debtors during the (12) months preceding the application, and a statement from the bankruptcy register So, if the judicial filing of the opening procedure for financial reorganization of small debtors.
Request suspension of claims
The request for suspension of claims in the preventive settlement procedure for small debtors submitted by the debtor must be accompanied by an overview of the content of the proposal, a statement of the lawsuits, judicial procedures, judgments and executive bonds against the debtor, the information and documents contained in this regulation, and the request for execution on any of the assets of the bankruptcy or the assets of the guarantor of the debtor’s debt and to accompany the request for execution Any of the assets of the bankruptcy or the assets of the guarantor of the debtor’s debt during the period of suspension of claims, provided by the creditor with data of the asset on which execution is required, a copy of his documents and the amount of the secured debt, and proof of his guarantee of the asset to be executed on, and a request to stop the validity of the suspension of claims on specific claims.
List of claims submitted by the Secretary
The presentation of the trustee with a list of the creditors’ claims to the court, in addition to what is stated in Article (sixty-eighth) of the system and Article (fourteen) of the executive regulations, must be accompanied by the trustee’s disclosure of his relationship with any of the creditors and a statement of the reason for recommending the acceptance or rejection of the claim or submitting it to an expert and a request Deposit the result of voting on the proposal.
The request for depositing the result of voting on the proposal with the court, submitted by the debtor or trustee, must be accompanied by proof of the notification of the creditors and owners of the voting date, a copy of the voted proposal and the minutes of the voting, including its date, time, location, the number of voting creditors and their names, the value of the debt of each of them, and the categories of creditors The method used in voting, the percentage of voting for each category, and evidence of notifying creditors and owners of the voting result and requesting approval of the proposal.
The request for approval of the proposal submitted by the debtor or trustee must be accompanied by evidence that the vote result has been deposited with the court and evidence of the notification of the creditors of the date intended to submit the request for approval of the proposal to the court and a request to set another date for voting on the proposal.
Application to terminate the bankruptcy procedure
The request to terminate any of the bankruptcy procedures must be accompanied by proof of the fulfillment of the reason for the request for termination and notification or announcement in accordance with the provisions of Article (sixth) and Article (twenty) of the Executive Regulations, and to be accompanied by the request to terminate the procedure for financial reorganization or financial reorganization of small debtors, submitted by the debtor. A report from the trustee supporting the request, if the conditions for opening the procedure are no longer applicable and a request to deposit the decision to end the administrative liquidation procedure. The application for depositing the decision to terminate the administrative liquidation procedure submitted by the Bankruptcy Committee must be accompanied by its decision to terminate the procedure, the final accounts of the debtor and the final report of the procedure.
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