Without prejudice to the right of submission of a petition for a judgment of invalidity of the company if there is a defect in the procedure of its establishment, any interested person may, within three (3) years from the date of the establishment, notify the company to correct the defect. Should the company fail to take steps to make the correction within thirty (30) days of the date of the notice, such interested person may submit petition for its dissolution and the competent court may specify a period not exceeding six (6) months for correction of the defect, if it is possible, failing which, the court will resolve the dissolution of the company and it must be liquidated as a company, without prejudice to the right of third parties for compensation resulting from such dissolution, if required.
This site currently publishes a verified part of the instrument; the remaining provisions continue to exist and apply independently of their absence from this corpus. Interpretation and application must be checked against the official Arabic text and the current version.
