SCA 1340/2019

This case involved a breach of an investment and profit share agreement. The claimant had provided sufficient evidence.

Background

A claimant filed a case against a defendant before the court. He said that he had paid the defendant 25000 Riyals in order to invest them in exchange for a share in the profits. He said that the defendant failed to commit to his obligations. He requested the court to order the defendant to pay the mentioned amount.

Decision

The court said that the case documents revealed that the claimant had provided the court with the documents that proved his claims.

The court ruled that the defendant should pay the claimant the mentioned amount.

The Court of Appeal – Jeddah upheld the ruling based on same grounds.