SCA 101/2019
This case involved a claim by two partners for their profit share. The partners had failed to prove the existence of the profits and there was no evidence the company manager had mismanaged the company.
Background
Two claimants filed a case against a defendant before the court. They requested the court to order the defendant to pay them $47000. They said that they paid this amount as a share in the capital of a company with the defendant. They said that the defendant had failed to commit to his obligations. They also requested the court to order the defendant to pay them their share in the profits of 2000000 Riyals
Decision
The court considered the documents of the case. The court said that the documents revealed that the defendant had not made mistakes in managing the company and he was taking care about the interests of the partners. The court said that the claimants had failed to provide evidence of the existence of the profits.
The court dismissed the case.
The claimants appealed the ruling before the court of appeal.
The court of appeal dismissed the appeal and upheld the appealed ruling.