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– Introduce the student to the detailed provisions of commercial companies, whether they are partnerships or capital companies.
- Introducing the student to the legal system of bankruptcy and preventive composition, in accordance with the regulations issued in this regard in the Kingdom of Saudi Arabia and the Unified Commercial Law of the GCC countries.
Knowledge and understanding:
1- To know the fundamental concepts and principles of commercial company law.
2. To describe theories related to bankruptcy and distressed enterprise provisions.
Skills:
To analyze Saudi systems related to companies and bankruptcy provisions.
2. To apply the bankruptcy law provisions to the presented facts.
To apply the provisions of the Companies Law to the presented facts.
Values, autonomy and responsibility:
To adhere to Islamic values and participate in finding constructive solutions to social issues.
2- To take responsibility in personal and group work.
3. To adhere to the values of loyalty and belonging to the homeland and its leadership.
Course Topics:
General Introduction – Nature of the Company – Types of Companies - Company Forms in Saudi Law.
General and specific objective elements of a partnership agreement.
Formal requirements for company invalidity – Theory of actual partnership.
Legal personality of the company – consequences of the company acquiring legal personality Dissolution of companies – Liquidation and division. .
Partnerships - Limited Partnership.
Simple Recommendation Company Limited Partnership.
. Financial Companies – Joint Stock Company – Its Definition and Characteristics.
Its establishment – the securities it issues.
Joint-stock company management.
Bankruptcy Management – Request for Bankruptcy.
Consequences of the bankruptcy order on the debtor.
The implications of a bankruptcy judgment for creditors.
Termination of Bankruptcy – Reasons for it - Preventive Arrangement from Bankruptcy.
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