If the company is not registered with the Registrar within a period of one hundred and eighty (180) days from the date of depositing the first contributions therein, any one of the shareholders who have deposited their contributions shall be entitled to consider the Constitutive Documents cancelled by giving a written notice to the other shareholders and the concerned bank, and thereupon, he/she and any other shareholder shall be entitled to recover the value of their respective contributions already made in the share capital of the company.
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.