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Announcements

Automating Debt Recovery with Decree Risk API

Under Omani law, when a company liquidates, creditors have exactly six months from the Official Gazette announcement to file a claim for unpaid dues. Similarly, during a corporate merger or acquisition, an absorbed company is formally dissolved, and creditors have a strict, short window (as little as 30 days) to formally object if their outstanding debts are at risk. Miss these critical legal windows, and your right to recover those funds is permanently lost.

Tracking these announcements manually through the Official Gazette and daily newspapers is tedious and leaves too much room for human error. The Decree API solves this by giving your software programmatic, real-time access to official Omani liquidation, merger, and dissolution announcements.

Who is this for?

The API is built for any organisation extending credit or services to Omani companies:

  • Banks & Lenders: Automatically cross-reference active commercial loans against daily “Liquidation Start” announcements to instantly alert your recovery team.
  • Utility Providers: Automatically flag corporate accounts entering dissolution to halt services and initiate immediate debt collection.
  • B2B Suppliers: Continuously monitor client lists for “Dissolution and Merger” announcements. If a client is being acquired and dissolved, your finance team gets an immediate heads-up to either transfer the debt to the new acquiring company or lodge a formal creditor objection before the statutory deadline expires.

Technical Highlights

The Decree API is a RESTful service designed for seamless integration:

  • Simple & Predictable: Uses standard X-API-Key authentication (1,000 requests/day limit) and returns clean JSON data.
  • Actionable Payloads: Whether it’s a “Liquidation Start” or “Dissolution and Merger” event, the API hands you exactly what you need to act: the company’s Commercial Registration (CR) number, names in English/Arabic, publication date, and contact info.
  • Secure by Design: To protect your highly confidential client lists, the best practice is to use the GET /announcements/recent endpoint to pull daily updates. This allows your system to cross-reference CR numbers locally, ensuring your customer data never leaves your internal network.

You can view the full documentation of Decree API with examples of use on our API page.

Decree API is a separate service from the subscription service of Decree. Use the link below to contact us if you are interested in learning more about this powerful service: