Professional Documents
Culture Documents
LawTreeSectionID=13103&language=en&lawId=3984
The liquidator shall assume all functions required for the purposes of
liquidation, and particularly he shall do the following:
Article 302
Unless it is required for the completion of the above transactions, it shall not be
permissible for the liquidator to carry out new transactions. The liquidator shall
be liable to the extent of all his assets, and in the event of more than one
liquidator, all the liquidators shall be collectively liable for their acts.
Article 303
Upon the dissolution of the company, the terms of all its debts shall lapse. The
liquidator shall notify all creditors, by registered mail, of the commencement of
the liquidation and shall invite them to submit their claims. Notice to this effect
may be made by publication in two local daily newspapers published in Arabic
in the event of unknown creditors or if their places of residence are unknown. In
all cases, the notice of liquidation shall grant the creditors a grace period of at
least seventy-five days from the date of such notice for submission of their
claims, provided that this notice shall be re-advertised after one month of taking
effect. If creditors fail to submit their demands, their debts shall be deposited in
the court treasury until the owners of the debts appear or their claims lapse by
prescription.
https://www.almeezan.qa/PrintArticle_section.aspx?LawTreeSectionID=13103&language=en&lawId=3984 3/6