Commercial Companies Law

Commercial Companies LawArticle 115 — Article (115) Attestation of the MOA

Part Four: Public Joint Stock Companies · Chapter One: Definition and Incorporation of the Public Joint Company and its

The Founders Committee shall have the MOA duly attested in accordance with the provisions of this Decree Law and provide to the SCA a copy of the MOA and a copy of the Competent Authority's initial decision approving the license as well as a certificate from a bank licensed to operate in the State confirming that the founders have paid their respective capital contributions, prior to the approval of the Prospectus by the SCA.

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