What is the statutory procedure for updating the articles of association upon the transfer of ownership of equity interests or the occurrence of material amendments?
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Radiif AI Legal Assistant
⚡ Quick Answer:
The responsible parties (founders, partners, managers, or members of the board of directors) must register the articles of association and any amendments thereto with the Commercial Register and publish any necessary data or documents. The party responsible for the failure to register shall bear joint and several liability for any...
Legal References & Citations
- 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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