الملخص الإنجليزي
This study discussed the topic of the legal system for the management of
bankruptcy funds in accordance with the provisions of the Omani Bankruptcy Law No.
35/9109, and this study included an introduction known as the bankruptcy system in
terms of its origins, conditions and effects, and also dealt with the definition of people
in charge of bankruptcy funds, and then analyzing management procedures Starting
with limiting the rights and obligations of a bankrupt debtor, selling the property of a
bankrupt debtor, and distributing the amounts obtained from its sale among creditors.
It is known that the most important effect of the ruling on declaring bankruptcy
is the handcuff the bankrupt debtor's hand in managing and disposing of his money in
order to preserve the rights of creditors and prevent him from smuggling and
squandering these funds. Therefore, this study sought to determine the fate of the
bankrupt's money after he handcuffed his management through knowing the people
responsible for managing these funds, and the procedures that ensure good
management in four chapters. The first chapter talks about the people who manage
bankruptcy money, and the second chapter talks about bankruptcy of funds The
bankrupt debtor, the third chapter talks about limiting its obligations, and the last
chapter talks about the final business of managing bankruptcy funds.
This study summarized that the work of bankruptcy funds is entrusted to the
bankruptcy manager and is subject to the supervision of the bankruptcy judge who is
delegated by the judges of the court that supervises bankruptcy. This judge appoints a
person from among creditors to assist him in the oversight work called by the
observer, and that the administration's business begins with an inventory The
bankrupt debtor's funds and obligations to know the money involved in the
bankruptcy and the money coming out of it, so the money owned by others comes out
of the bankruptcy money when these funds meet some conditions, as the money that
covers the bankrupt debtor's living needs comes out of the bankruptcy money, and
the administration's work ends by selling the bankrupt debtor's property through
public auction And the distribution of the amounts collected from it among the
creditors whose debts were accepted after its realization
