As part of the continuing education system in the Faculty of Law, Tishk International University. Dr. Abdul-Basit Karim Malood, the lecturer in commercial law introduced a session entitled “Mandatory reserves required by Iraqi company law”. The session discussed both sections 73 & 74 of Iraqi company law. The presenter concluded that it is necessary for the Iraqi company law to include provisions match the main purpose of section 74 of Iraqi Company Law similar to other Arabic legislations.