Explanation of Article 301
This article addresses the effect of multiple creditors for a single debt on the suspension of the limitation period, and in this regard, it is necessary to distinguish between two cases:
The first case: When there are multiple creditors for a single debt and the debt is divisible, only the creditor who has a valid excuse benefits from the suspension of the limitation period, without the other creditors. If all creditors have a valid excuse, they all benefit from it.
The second case: When there are multiple creditors for a single debt and the debt is indivisible, if one creditor has a valid excuse, the other creditors benefit from the suspension of the limitation period.
As for the case of multiple debtors for a single debt, whether jointly or due to the indivisibility of the debt, it is organized by Article (230) of the system, which states that the creditor, in the case of joint debtors, cannot invoke the excuse that suspends the limitation period except against the debtor for whom the excuse is applicable.
Related To
Article 301
In case of multiple creditors of a single debt and none of the creditors claims his right, the statute of limitations shall apply only to the creditors without an excuse.