Journal of college of Law for Legal and Political Sciences

Abstract

Due to the huge increase in acquisitions between the commercial companies on the local and international levels within the last two decades in response to what has been imposed and enormous and the occurrence of current global financial crisis which has created a state of necessity for creating large economic entities can compete to look for growth، profit and increase the flow of capital across the national borders of different countries. It was important to tackle the issue of acquisition of commercial companies through a legal perspective based on the method of analysis and verification by searching in the general provisions to identify the fact of acquisition in terms of its legal aspect، causes and its effects to find the difference between it and the similar legal systems to address some economic and legal problems faced by the companies in particular and economic projects in general after the different time stages . The regulatory authorities in the acquisition of companies have an important role، in monitoring the acquisition process، and the competence of these authorities to monitor and supervise the completion of acquisitions between companies، especially joint stock companies. These authorities are the ones that undertake supervision، control and follow-up to apply the rules and principles of acquisition from one company to another، and monitor the executive procedures to be followed when receiving a purchase order with the intention of acquisition from one company to another.