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Decree Law No. (21) of 2001 Promulgating

We, Hamd Ben Essa Al Khalifa,
Amir of the State of Bahrain

Having reviewed the Constitution;
And Amiri Order No. (4) 1975;
And Decree No. (1) finance of 1961 on the Commercial Registry as amended;
And the Civil and Commercial Proceedings Code promulgated by Decree No. (12) of 1971 as amended;
And the Notarization Law promulgated by Decree No. (14) of 1971;
And the Bahrain Monetary Agency Law promulgated by Decree No. (23) of 1973 as amended;
And the Commercial Companies Law promulgated by Decree No. (28) of 1975 as amended;
And the Labor Law for the Private Sector promulgated by Decree No. (23) of 1976 as amended;
And the Bahrain Stock Exchange Law promulgated by Decree No (4) of 1987;
And the Commerce Law promulgated by Decree No. (7) of 1987 as amended;
And the Bankruptcy and Composition Law promulgated by Decree No. (11) of 1987;
And the Insurance Companies and Organizations Law promulgated by Decree No. (17) of 1987, amended by Decree No. (35) of 1996;
And the Commercial Agency Law promulgated by Decree No. (10) of 1992, amended by Decree No. (8) of 1998;
And the Auditors Law promulgated by Decree No. (26) of 1996;
And the Civil Code promulgated by Decree No. (19) of 2001;
And upon the submission of the Minister of Commerce and Industry;
And after consulting the Shura Council;
And after the approval of the Council of Ministers.

Hereby Decree the following Law

Article (1)

The provisions of the attached law with respect to Commercial Companies shall come into effect.

Article (2)

The Commercial Companies Law promulgated by Decree No (28) of 1975 shall be repealed as well as any other provision in conflict with the provisions of the attached law.

Article (3)

The Minister of Commerce and Industry shall issue the executive regulation and orders necessary to implement the provisions of this law. Until such time this executive regulation and orders are issued, the orders in force at the time when this law was promulgated shall continue to apply to the extent they do not conflict with the provisions of the law.

Article (4)

The ministers, each in his respective capacity, shall implement the provisions of this law, which shall come into effect at the beginning of the next month after the lapse of six months from the date of the publication thereof in the Official Gazette.

Hamad Bin Essa Al Khalifa
Amir of the State of Bahrain

Issued at Al Refaa Palace:
on 28 Rabie el-Awal 1422H
Corresponding to 20 June 2001G

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