Article 87 of the Saudi Implementing Regulations of the Bankruptcy Law
المادة 87 من اللائحة التنفيذية لنظام الإفلاس · الفصل الخامس عشر: لجنة الإفلاس
Subjects the staff of the General Secretariat of the Bankruptcy Committee to the Labor Law and the Social Insurance Law.
Official text (Arabic)
This article has not been amended since the law was issued.
يخضع موظفو الأمانة العامة للجنة الإفلاس لأحكام نظامي العمل والتأمينات الاجتماعية.
This is the official Arabic wording, the only legally binding version. We do not translate the law itself; the explanation below is ours. Official source: Bureau of Experts at the Council of Ministers
Article 87 explained in plain English
This article of the Regulations specifies the law that governs the employment relationship of the staff of the General Secretariat of the Bankruptcy Committee, providing that they are subject to the provisions of two laws:
- The Labor Law.
- The Social Insurance Law.
In practice this means that these employees' rights and obligations in the employment relationship, and matters relating to social insurance, are found in the provisions of these two laws. The article does not state the details of those rights, and they cannot be inferred from the Regulations themselves; it only refers to the two laws named.
The article is linked to Article 86, which makes the staff of the General Secretariat of the Bankruptcy Committee, who are named by a decision of the Committee, responsible for inspection, verification and seizure. Article 86 explains the tasks some of these employees perform, and Article 87 explains the legal framework of their employment relationship.
It is followed by Article 88, under which the Bankruptcy Committee, in coordination with the Ministry of Justice, specifies the information and documents provided for in the Law and the Regulations and publishes them in the Official Gazette.
The article does not address employees of other bodies connected with bankruptcy, or trustees and experts; it is limited to the staff of the General Secretariat of the Bankruptcy Committee. A staff member with an issue about his employment relationship should refer to the Labor Law and the Social Insurance Law for the details, and may consult a lawyer specializing in the relevant law.
Translated from our Arabic explanation with machine assistance. For guidance only; it does not replace advice from a lawyer on your situation.
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Frequently asked questions about Article 87 of the Saudi Implementing Regulations of the Bankruptcy Law
Are Bankruptcy Committee employees subject to the Labor Law?
Yes. The article provides that the staff of the General Secretariat of the Bankruptcy Committee are subject to the provisions of the Labor Law and the Social Insurance Law.
Does the article include bankruptcy trustees and experts?
No. The text is limited to the staff of the General Secretariat of the Bankruptcy Committee.
More articles on Bankruptcy Committee and Bankruptcy Register
- Article 34
This article requires the debtor to file the court's decision approving or extending a stay of claims with the Bankruptcy Register as soon as it is issued.
على المدين أن يودع لدى سجل الإفلاس قرار المحكمة بالموافقة على طلب تعليق المطالبات أو تمديده فور صدوره.
- Article 60
This article requires the small debtor to file the decision approving a stay of claims or extending it with the Bankruptcy Register as soon as it is issued, and to announce it within 5 days.
1 - على المدين الصغير فور إصدار المحكمة قراراً بالموافقة على طلب تعليق المطالبات أو تمديده, إيداع القرار لدى سجل الإفلاس. 2 - يعلن المدين الصغير قرار المحكمة با
- Article 63
This article requires the trustee to file the judgment opening financial reorganization for small debtors, or the decision accepting the judicial filing, with the Bankruptcy Register within 5 days of the opening.
يودع الأمين لدى سجل الإفلاس حكم المحكمة بافتتاح إجراء إعادة التنظيم المالي لصغار المدينين أو قرارها بقبول الإيداع القضائي، وذلك خلال (خمسة) أيام من تاريخ افتتاح
- Article 72
This article requires the Bankruptcy Committee to file the decision ending administrative liquidation with the court and to file proof of the ending in the Bankruptcy Register and the Commercial Register within 5 days, and limits removing the debtor's name to a natural person.
1- تودع لجنة الإفلاس لدى المحكمة قرار إنهاء إجراء التصفية الإدارية مرافقاً له المعلومات والوثائق المحددة لذلك، وتودع لدى سجل الإفلاس والسجل التجاري ما يفيد بإنه
- Article 85
Sets the powers of the Bankruptcy Committee to issue rules on the bankruptcy register and the register referred to in Article 204 of the Law, on licensing, work, conduct and nomination of trustees and experts, and on inspection and verification.
مع مراعاة أحكام المادة (التاسعة) من النظام، تتولى لجنة الإفلاس الاختصاصات الآتية: أ - إصدار قواعد حفظ وإدارة سجل الإفلاس والسجل المنصوص عليه في الفقرة (2) من ال
- Article 86
Staff of the General Secretariat of the Bankruptcy Committee named by its decision carry out inspection, verification and seizure and may request any necessary document; the Committee may request the penalty in Article 207 of the Law.
1 - يتولى موظفو الأمانة العامة للجنة الإفلاس -الذين يصدر بتسميتهم قرار من اللجنة- أعمال التفتيش والتحقق والضبط، وللجنة الاستعانة في أداء هذه الأعمال بمن تراه مؤ
The texts are reproduced from the official website of the Bureau of Experts at the Council of Ministers for reference; where they differ, the officially published Arabic text prevails. This content is not legal advice.