Mon, Dec 22, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Compliance, Tax, Legal, Regulatory more

Oman likely to promulgate bankruptcy, insolvency laws

Posted on 22 February 2012

Oman is looking at the possibility of promulgating bankruptcy and insolvency laws, said Abdullah Salem Al Salmi, acting executive vice-president of Capital Market Authority.
Participating at the sixth GCC (Gulf Cooperation Council) Regulators’ Summit that began yesterday at the Ritz Carlton Bustan Palace Hotel, Abdullah Salem Al Salmi said, “Oman certainly needs such laws. The idea is there and we are at the discussion level taking inputs from different sources and hopefully, in a short span of time, bankruptcy and insolvency laws would be in place.”……………………………………….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
293031