(a) If the company or organisation ceases to carry on its business activities in accordance with the provisions of Article 22 and 23 of this Law or if the insurance activities in any insurance branch falls below the limit determined by an order of the Minister for Commerce and Agriculture or if the business activities in any insurance branch does not reach such limit.

(b) If a court judgement has been passed adjudicating the company's bankruptcy.

(c) If an insurance company or organisation fails to set aside the reserves provided for in this Law or if it abstains from investing them in the areas directed by the Minister for Commerce and Agriculture in accordance with Article 19 of this Law.

(d) If a company abstains from implementing a final court judgement passed by one of the Bahrain Law courts.

(e) If the paid-up capital falls below the minimum prescribed in accordance with the Law.

(f) If a company or organisation prevents the officers of the Ministry of Commerce and Agriculture designated by the Minister in accordance with Article 18 of this Law from carrying out their duties.

(g) If a company or organisation abstains from implementing the provisions of Articles 10 or 20 of this Law.

(h) If it is proved from the result of inspection and examination that the rights of the insured, beneficiaries or third parties are likely to be lost or that the company or organisation concerned is in a state of insolvency rendering it unable to fulfil its obligations.