Article 53 of the Saudi Bankruptcy Law

المادة 53 من نظام الإفلاس · الفصل الرابع: إجراء إعادة التنظيم المالي: الأثر المترتب على افتتاح الإجراء: (تعيين الأمين والخبير وقاضي الإشراف وصلاحياتهم

At its discretion, the court may appoint one or more judges to supervise the implementation of the financial reorganization procedure, and the court sets their tasks.

Official text (Arabic)

This article has not been amended since the law was issued.

للمحكمة أن تعين قاضياً أو أكثر -وفقاً لتقديرها- للإشراف على تنفيذ إجراء إعادة التنظيم المالي، وتحدد المحكمة مهماته.

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 53 explained in plain English

This article gives the court an additional tool for following the financial reorganization procedure, which is appointing a supervisory judge.

Elements of the provision:

Discretionary: The phrase "the court may appoint" means appointment is not mandatory in every procedure but is for the court's discretion.
Number: One judge or more, at the court's discretion.
Purpose: Supervising the implementation of the financial reorganization procedure.
Tasks: The court sets them; the article does not list the supervisory judge's tasks but leaves them to the court in each case.

The text here concerns a judge whom the court appoints to supervise implementation, who is distinct from the trustee and the expert, for whom Articles 52 and 54 address the bars on appointment and removal.

This article comes within the provisions governing the trustee, the expert and the supervisory judge, including Article 52, which sets bars on appointing the trustee and expert and requires them to make disclosure, and Article 54, which allows the court to remove the trustee or expert and appoint a replacement if a legitimate reason arises, and prevents them from stepping down without a legitimate reason the court accepts.

To know the role of the supervisory judge in a particular procedure, it is advisable to consult a lawyer specializing in bankruptcy and commercial cases.

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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