AlBaha says appeal court overturns previous ruling

18/07/2017 Argaam

AlBaha Investment and Development Co. said the court of appeal has overturned on Tuesday a previous ruling against the company’s chairman and board members.

 

The case was returned to Jeddah Administrative Court for more consideration, the company said in a bourse statement.

 

No date, however, was set for the next hearing.

 

In March, the Jeddah Administrative Court ordered AlBaha’s former chairman and board directors to pay a total of SAR 68.7 million, plus attorney fees.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.