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STA Law Firm
The new bankruptcy law of oman shall come into effect on july 1st 2020, which was until now dealt by the commercial law and commercial companies law.
STA Law Firm
Bankruptcy is one of the most serious and tough situations a business can experience, and this difficulty extends and affects more than those in charge.
BSA Ahmad Bin Hezeem & Associates LLP
Although there is no separate bankruptcy law in Oman, both the Commercial Code of 1990 and the Commercial Companies Law of 1974 provide a framework for the bankruptcy of traders and liquidation of insolvent companies.
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