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What are the implications of the establishment of resignation and notifying the relevant authority thereof?

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Upon the establishment of resignation and notifying the relevant authority thereof, that authority is obligated to amend the relevant official documents, such as the Articles of Association and the Commercial Register, by deleting the name of the resigning party and taking the necessary procedures for that, in accordance with Article...

Upon the establishment of resignation and notifying the relevant authority thereof, that authority is obligated to amend the relevant official documents, such as the Articles of Association and the Commercial Register, by deleting the name of the resigning party and taking the necessary procedures for that, in accordance with Article 8 of the Companies Law.
Source: Radiif.com (رديف) · Saudi Legal AI Platform

Legal References & Citations

1
نظام الشركات - Article 8

- تضع الهيئة -بالاتفاق مع المركز- الضوابط والمعايير اللازمة للإدراج في القائمة الإلزامية والاستثناء منها؛ بالتنسيق مع وزارة الصناعة والثروة المعدنية والهيئة السعودية للمواصفات والمقاييس والجودة ومجلس...

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