المملكة: “Justice" Replace “registration" With “investment license" In the lawsuit newspaper in the regulations of the commercial courts
I announced The Ministry of Justice on the offering of an amendment to the paragraph "for" From Article 76 of the executive regulations of the commercial court system, issued by the Minister of Justice Resolution No. "8344" Due to the 12th of Dhu al -Qi’dah 1441 AH. "M/19" On the 16th of Muharram 1446 AH, where it included the requirement of registration for the foreign investor within the data of the case newspaper, instead of the requirement for the investment license stipulated in the abolished foreign investment system, reflecting the updates of the legislative and investment system in the Kingdom. Essential information that contributes to organizing procedures and enhancing the efficiency of litigation. And the date of notification in cases where this is required, in addition to the information available on the commercial activity of the parties to the conflict, if they are from the category of merchants. The data also includes the law license number in the cases that must be filed by a lawyer, as well as the data data related to the associated if it is found.
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