SCA 51/2019
This case involved the agreement of a reconciliation agreement in a dispute over a contract which included an arbitration clause.
Background
A claimant filed a case against a defendant before the court. He said that he had agreed with the defendant on opening a kindergarten. He said that the contract signed between the two parties included an arbitration condition. He said that he appointed an arbitrator but the defendant failed to do so.
Decision
The two parties then negotiated a reconciliation agreement. According to this agreement, the claimant agreed to pay the defendant 200000 Riyals in exchange for the dismissal of the contract. The defendant agreed to return all the documents related to the project to the claimant. The two parties agreed that the reconciliation agreement should settle the dispute completely and that no additional claims should be made by any party.
The court approved the reconciliation agreement.