SCA 3973/2015

This case involved a request to dismiss a company purchase contract. The company had purchased the company to benefit from its projects but later discovered the company did not own those projects.

Background

A claimant filed a case against a defendant before the court. He requested the court to dismiss a contract signed between the two parties. He said that he had bought a company from the defendant but he then discovered that the contract was invalid.

The court dismissed the case.

The claimant appealed the ruling before the court of appeal. The court repealed the ruling and referred the case to the elementary court.

Decision

The court said that the case documents revealed that the claimant had bought the company in order to benefit from its projects. The court said that the claimant then discovered that the company did not own any project as claimed by the defendant. The court said that the defendant had also refused to pay the company’s debts before signing the contract.

The court dismissed the case.

The court of appeal upheld the ruling.