SBG 2813/2015
Type
Case
Court
Saudi Arabia Board of Grievances
Jurisdiction
Saudi Arabia
Taxonomy
Companies & Corporate Bodies, Civil Evidence
Decision date
17 Nov 2015
Catchwords
Company - Investment - Profit - Oath
This dispute involved amounts invested in a company and profits. An oath was refused.
Background
A claimant filed a case against a defendant before the court. He requested the court to order the defendant to pay him 303000 Riyals. He said that this amount constituted the capital he had paid and his share in the profits in a company with the defendant.
The defendant claimed that he had already paid the amount to the claimant. The defendant, however, failed to prove his claim. He also refused to take the oath.
Decision
The court ruled that the defendant should pay the claimant the mentioned amount.
The defendant appealed the ruling before the court of appeal.
The court dismissed the appeal and upheld the appealed ruling.