Individuals and companies that declare bankruptcy in Oman need to pay back their creditors — in a manner that will be agreed through a payment restructuring plan — as part of the new Bankruptcy and Insolvency Law that will come into effect in 2020. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-b…","video_id":"bd9ee6a0-38f8-4d14-9000-675dc33e9718","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Top 10 Competitive Arab Economies"} Under this law, which was issued under Royal Decree number 53/2019 and will come into effect on July 1, 2020, those ...