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Does the scope of Article (67) of the Bankruptcy Law, related to asset recovery, include claims aimed at proving the fictitiousness of asset ownership registration and determining their true nature?

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The scope of Article (67) of the Bankruptcy Law does not include claims that require proving the fictitiousness of asset ownership registration and determining their true nature. Rather, it is dedicated to the recovery of assets that are in the possession of the debtor or seized by him, with proof...

The scope of Article (67) of the Bankruptcy Law does not include claims that require proving the fictitiousness of asset ownership registration and determining their true nature. Rather, it is dedicated to the recovery of assets that are in the possession of the debtor or seized by him, with proof of apparent ownership. Such claims require an independent substantive examination.
Source: Radiif.com (رديف) · Saudi Legal AI Platform

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