4 procedures from the “Saudi cables” in the case of “creditors’ claims”
The Saudi Cable Company announced the latest developments in the opening of the financial organization procedure that includes the issuance of the appeal ruling in which it was rejected by the ruling of the fourth district of justice for its previous ruling on the list of creditors’ claims. 07/07/1446 Case No. (103) of the year 1444 AH by justifying the ruling of the department issued on 09/23/1445 and the judge by virtue of the department approved the list of claims registered with request No. (131) submitted by the procedure secretary, Walid bin Muhammad bin Hussein Subhi, in the bankruptcy lawsuit (103) for the year 1444 AH, and based on the reasons mentioned in the ruling, and the department has the treatment of the claim that sees the incompleteness Including it in the list of claims according to the system. Objectives, and then the department requested the opinion of the Secretary of Financial Organization, Khaled Hawsawi, and the Secretary agreed with the opinion of the debtor (Saudi Cables Company) and what the debtor presented in the objection form. /> Third: The company responded to the department that there is no additional response on its part on August 26, 2025.
