Mondaq All Regions - Oman: Insolvency/Bankruptcy/Re-structuring
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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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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