“Saudi Path” shows the latest developments for the ruling issued to “Al -Sahda”
Darb Saudi Investment Company announced "Saudi path"Specify a date for a new session in the company’s case against the modern brightness company Ltd. Public Contracting. "Saudi Arabia trading"The issuance of a ruling from the Administrative Court in Jeddah "The second commercial department" In the commercial and referred case of the department, to nullify the sales contract between the two parties. "Saudi path" The amount of 7 million riyals, and 3 million riyals remained in it. It was 37 % and its debts on the college company. It was mentioned from the king of Al -Baha Company to the king of Al -Sahama Company, and the agent will have the right to appoint others for the agency, especially in what was mentioned and the delivery of that agency with all royal documents mentioned to Al -Sahama. "Saudi path" And the residence against Al -Sahdar Al -Modern Company, and obliging the two parties to the case to complete the implementation of the contract concluded between them. The implementation of the contract concluded between them is the subject of this lawsuit dated 3-3-1432 dated 5/7/1442, the judgment of the interpretation was issued by the Commercial Appeals Court in Jeddah, the judge, to support the ruling of the second department of the Commercial Court in Jeddah in the case for the year 1432. The lawsuit and dated 3/3/1432 AH The following:
On the date of 12-11-1445 a judicial decision was issued by the Second Execution Court of Implementation, the second implementation of a fine on the company at a value of 5 thousand riyals for each delay day, and the company submitted an objection to the judicial decision and directed to the head of the second department in the implementation court in Al-Baha via Najz on 10-29-2024 and was issued on Thursday 12/05/1446 corresponding to 11-11-2024 termination minutes from the judge with the implementation court in Al-Baha-Implementation Department The second, the department decided to terminate and preserve the request, according to Article 2/3 of the implementation system and its executive regulations and its text ( Paying the amount three million for the benefit of the claimant./> Third: The company submitted on 3/21/1446 to the Ministry of Trade through the system of the partners ’decision requesting the amendment of the founding contract of the Saudi Company for Educational Projects (Al-Baha Al-Ahliyya College), which the company owns the shares of 37 % by transferring the shares to the claimant company supported by the ruling, but the request has been rejected and the work is underway to follow up the request. Justice for the entire 134 pieces, which it owns by 50% of the entire land in the Al-Marouj scheme, located in the small torrent in Taif Governorate, for the benefit of the claiming company. 04/14/1445 AH "Saudi Arabia trading"While the Commercial Court set another date for the next session on 4 – 4-1447 AH.
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