SSLCT 116/1985
Type
Case
Court
Supreme Legal Commission of the Trade Ministry (Saudi Arabia)
Jurisdiction
Saudi Arabia
Taxonomy
Payment & Payment Systems, Civil Courts, Jurisdiction & Choice of Law, Lending & Security
Copyright
LexisNexis
Decision date
26 May 1985
Catchwords
Cheque – Court – Jurisdiction – Normal Bonds
This case involved two cheques. As the word cheque was not on these documents, they were considered normal bonds and the Commission of Commercial Papers did not have jurisdiction over the case.
Background
The Commission of Commercial Papers ruled a company should pay a claimant $1400000 for the value of two cheques.
The company made a plea against the ruling before the Legal Commission of Trade Ministry (SLCTM).
Decision
The SLCTM said that the case file revealed that the cheques did not include the term ‘cheque' on them in line wth Article 91 and 92 of the Law of Commercial Papers and so they should be deemed normal bonds. The SLCTM stated for this reason the Commission of Commercial Papers had no mandate to consider the case.
The SLCTM dismissed the ruling.