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Can an order for performance be issued against a debtor who is subject to financial reorganization proceedings and to whom a stay of claims period applies?

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An order for performance may not be issued against a debtor who is subject to financial reorganization proceedings and to whom a stay of claims period applies. Any order for performance issued in such a case shall be considered void and must be cancelled.

An order for performance may not be issued against a debtor who is subject to financial reorganization proceedings and to whom a stay of claims period applies. Any order for performance issued in such a case shall be considered void and must be cancelled.
Source: Radiif.com (رديف) · Saudi Legal AI Platform

Legal References & Citations

1
نظام الإفلاس - Article 1

يقصد بالألفاظ والمصطلحات الآتية -أينما وردت في هذا النظام- المعاني المبينة أمام كل منها ما لم يقتض السياق خلاف ذلك: النظام: نظام الإفلاس. اللائحة: اللائحة التنفيذية للنظام. المحكمة: المحكمة التجارية....

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