التنفيذ بطريق الحجز على الأوراق المالية الإسمية الصادرة عن الشركات المساهمة

Abstract EN

Securities are of great importance as they are part of the wealth of the owner.

accordingly, the owners' creditors have the right to execute these securities to fulfill their right.

however, the implementation thereof shall not be on one face, but shall vary according to the type of security between the nominal securities and the securities of the holder.

the legislator provided that the securities in Iraqi law shall be considered nominal according to the of article (29) of the companies act no.

(21) of 1997, where a creditor who wishes to recover his right from the sale price of nominal securities shall be booked by means of a reservation of the debtor to third parties by virtue of the creditor's seizure of the right that the debtor has in the company of the issuer of the security, whether the seizure of these securities in the company's records or in the depository center the company is registered or not registered in the market securities.