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The initiatives committee of BCCI lauds the bankruptcy draft law
19-April-2017
by
Aysha Ebrahim Ali Salem

The Initiatives Committee of the Bahrain Chamber of Commerce and Industry (BCCI) headed by executive bureau member Mr. Ahmed bin Hindi lauded the content of the draft law on bankruptcy presented by the Ministry of Industry, Commerce, and Industry and its impact in reinforcing the Bahraini market and enhancing investors’ confidence. Mr. Bin Hindi highlighted that the committee participated in drafting and reviewing the law, and revealed “It consists of 259 legal articles specifying bankruptcy proceedings, thus reinforcing the protection of the rights of all parties involved”.

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Bahrain, officially the Kingdom of Bahrain is a small island country situated near the western shores of the Persian Gulf in Southwest Asia. It is an archipelago with Bahrain Island, the largest land mass, at 55 km (34 mi) long by 18 km (11 mi) wide.

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