The Majlis Archive
Finance - Banking - Business The Majlis Vol 23 No 12, p.2

A company went into liquidation.

Question

A company went into liquidation. In terms of the government's law, the state will pay the salaries of all the employees. Can these workers still hold the company's owners liable for their salaries?

Answer

Since the government in this case is the wakeel (agent) of the company, and it (government) pays the employees, hence they have no right to claim from the owners of the company. The owners are absolved of the liability.

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The Majlis Vol 23 No 12
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Appears under THE ANIMAL DISEASE ATHAAB|. This heading is the nearest headline at or before the page and is approximate. Do not cite it alone.

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