Commercial Companies Law

Article 325 — Article (325) Settlement of Company's Debts

Part Eight: Termination of the Company's MOA · Chapter Two: Liquidation of Company and Distribution of Assets

If the assets of the Company are not sufficient to settle all debts, the liquidator shall pay part of the debt, without prejudice to the rights of preferred creditors. Every debt arising from the liquidation shall be satisfied out of Company funds ahead of any other debts.

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