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Federal (Cross-Regulator / Federal Decree-Laws) · Rulebook
Bankruptcy Law executive regulation (Cabinet Resolution 94/2024, partial)

Cabinet Resolution No. (94) of 2024, Executive Regulation of the Financial Restructuring and Bankruptcy Law (FDL 51/2023) — debt thresholds for debtor and creditor applications, the 5% deposit, trustee approvals during restructuring, auction sales (Articles 5-17); the rest not extracted,
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Every chapter and article of Bankruptcy Law executive regulation (Cabinet Resolution 94/2024, partial) from the Federal (Cross-Regulator / Federal Decree-Laws), with a plain-English summary of each. Ask a question and get an answer cited to the exact article.

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Cabinet Resolution No. (94) of 2024, Executive Regulation of the Financial Restructuring and Bankruptcy Law (FDL 51/2023) — debt thresholds for debtor and creditor applications, the 5% deposit, trustee approvals during restructuring, auction sales (Articles 5-17); the rest not extracted is one of the rulebooks issued by the Federal (Cross-Regulator / Federal Decree-Laws). For compliance officers, legal teams, and advisors working under this regime, finding the right article quickly matters. Lexara indexes the full text of Bankruptcy Law executive regulation (Cabinet Resolution 94/2024, partial) and makes it searchable two ways: full-text and keyword search for rapid lookup, and AI Explorer for natural-language questions answered with citations to the exact article.

Bankruptcy Law executive regulation (Cabinet Resolution 94/2024, partial) contents

5 articles in 1 chapters, each with a plain-English summary by Arakan. The full text of every article is in the Laws Browser.

Bankruptcy Executive Regulation: thresholds, deposit, trustee approvals, auctions

5 articles

  1. Cabinet Res 94/2024 Art 5Debtor's application thresholds

    Debtors can apply for preventive settlement or bankruptcy if unpaid debts reach AED 300,000 for individuals or AED 500,000 for companies.

  2. Cabinet Res 94/2024 Art 6-7Creditor's application thresholds

    Creditors can apply for restructuring or bankruptcy if debts meet specified thresholds, with higher limits for regulated debtors and secured creditors.

  3. Cabinet Res 94/2024 Art 8Deposit

    Applicants to the Bankruptcy Court must deposit 5% of total debts as cash or guarantees, unless there are liquidity issues.

  4. Cabinet Res 94/2024 Art 10Trustee approval

    Debtors must obtain trustee approval in writing before undertaking certain actions during restructuring, such as guaranteeing third-party debts or transferring assets.

  5. Cabinet Res 94/2024 Arts 11-17Auctions

    Asset sales by auction require Bankruptcy Court approval, with specific notice, bidding conditions, and provisions for unsold assets.

What Bankruptcy Law executive regulation (Cabinet Resolution 94/2024, partial) covers

Bankruptcy Law executive regulation (Cabinet Resolution 94/2024, partial)'s 10 indexed articles break down by obligation type as follows.

Legal / Board — 10 articles

Topics covered

Bankruptcy Law executive regulation (Cabinet Resolution 94/2024, partial) spans the following regulatory topics, as tagged by Lexara.

bankruptcy

insolvency

executive regulation

dissolve

federal

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What is Cabinet Resolution No. (94) of 2024, Executive Regulation of the Financial Restructuring and Bankruptcy Law (FDL 51/2023) — debt thresholds for debtor and creditor applications, the 5% deposit, trustee approvals during restructuring, auction sales (Articles 5-17); the rest not extracted?

Cabinet Resolution No. (94) of 2024, Executive Regulation of the Financial Restructuring and Bankruptcy Law (FDL 51/2023) — debt thresholds for debtor and creditor applications, the 5% deposit, trustee approvals during restructuring, auction sales (Articles 5-17); the rest not extracted is issued by the Federal (Cross-Regulator / Federal Decree-Laws). It has 5 articles across 1 chapters.

What does Bankruptcy Law executive regulation (Cabinet Resolution 94/2024, partial) cover?

It is organised into: Bankruptcy Executive Regulation: thresholds, deposit, trustee approvals, auctions.

Who issues Bankruptcy Law executive regulation (Cabinet Resolution 94/2024, partial)?

The Federal (Cross-Regulator / Federal Decree-Laws). Always check the authority's official publication for the binding text.

Can I search Bankruptcy Law executive regulation (Cabinet Resolution 94/2024, partial) and ask questions about it?

Yes. Lexara searches the full text of all 5 articles and answers plain-English questions with a citation to the exact article.

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Laws and regulations are issued and published by the relevant UAE authorities; always rely on the official text. Summaries on this page are for information only and are not legal advice.

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