SCA 4530398360/2024
Type
Case
Court
Saudi Arabian Court of Appeal
Jurisdiction
Saudi Arabia
Taxonomy
Partnership & Limited Partnership, Civil Evidence, Litigation Procedure & Practice
Decision date
30 Jan 2024
Catchwords
Partner - Capital Transfer - Partnership - Evidence - Appeal
This case involved a request by a partner to confirm the amount of capital they had transferred to a partnership. A key issue was the evidence of these transfers. New evidence submitted during the appeal hearing confirmed a change to the amount.
Background
This case involved a commercial dispute on the verification and calculation of capital contributions in a partnership agreement. The claimant sought a judicial declaration confirming that the total capital he had contributed to the partnership with the defendant amounted to 580,400 Saudi Riyals. The primary dispute arose over the amount of capital actually paid and whether certain financial transfers related to the claimant or were attributable to other parties.