Informed sources revealed that The Investment Dar Company held more than one meeting with its creditors during the past period, regarding preventing the forced liquidation process, especially after the bankruptcy judge rejected the plan submitted by it earlier, known as the “Falcon” plan, after most creditors objected to it. 

Sources revealed that The Investment Dar Company is preparing to present a new debt restructuring plan after considering the requests of its creditors. The current plan involves offering all company-owned assets, valued at KD 550 million, to creditors based on the percentage of debts, rather than relying on a liquidity arrangement to divest the company's ownership in Boubyan Bank shares. 

It is anticipated that the bankruptcy judge will not review the new plan until after the summer vacation, as the proposal will be submitted for his consideration. A meeting with creditors will also be held to further discuss the plan and address any concerns they may have, especially after gathering their feedback in recent days. 

The sources noted that The Investment Dar's total debts have exceeded one billion dinars, with settlements in the past decade amounting to 600 million dinars through debt write-offs and asset exchanges with creditors, prior to the bankruptcy ruling. 

As of October 31, 2023, The Investment Dar has a capital of KD 95 million , while its current assets are valued at over KD 550 million. These assets consist not only of shares in Boubyan Bank but also include a variety of properties in both listed and unlisted companies.