SBG 880/2016
Type
Case
Court
Saudi Arabia Board of Grievances
Jurisdiction
Saudi Arabia
Taxonomy
Partnership & Limited Partnership
Decision date
13 Jan 2016
Catchwords
Partnership - Exit - Profit Share
This case involved the entitlement of a partner to a profit share. A key issue was whether they had exited the company.
Background
A claimant filed a case against a defendant before the court. They requested the court to order the defendant to pay their share in the profits. She said that she was a partner of the defendant in a company.
The defendant said that the claimant had already exited the company according to a previous ruling.
Decision
The court considered the documents of the case and found that the claimant had exited the partnership.
The court dismissed the case.
The claimant appealed the ruling before the court of appeal.
The court dismissed the appeal and upheld the appealed ruling.