Unified UAE Legislation Database

Insolvency Law DIFC Law No. 1 of 2019

Status

In force

Issuing Authority

Ruler of Dubai

Effective date

XX.XX.XXXX

Official Link

https://

List of amending documents: 

Amendment Law DIFC Law No. 2 of 2022

Amendment Law DIFC Law No. 3 of 2024

DIFC Laws Amendment Law DIFC Law No.1 of 2025

 

PART 1 - GENERAL 

1. Title and repeal 

1. This Law may be cited as the “Insolvency Law 2019” or “this Law”. 

 

 

2. This Law repeals and replaces the Insolvency Law 2009 (DIFC Law No. 3 of 2009) as it was in force immediately prior to the commencement of this Law (the “Previous Law”). 

 

3. Except where otherwise provided in this Law, anything done or omitted to be done pursuant to or for the purposes of the Previous Law is deemed to be done or omitted to be done pursuant to or for the purposes of this Law. 

 

4. Without limiting the generality of Article 1(3), and subject only to Article 1(6), such repeal and replacement shall not affect: 

a. any right, privilege, remedy, obligation or Liability accrued to or incurred by any person; or 

b. any investigation or legal or administrative proceeding commenced, or to be commenced, in respect of any such right, remedy, privilege, obligation or Liability, 

under the Previous Law, and any such investigation or legal or adminis...