Saudi Cable Company Announces the Latest Developments Regarding Its Previous Announcement Concerning the Lawsuit Filed Against Tathmeer Investment Company

1. On 29 Shaaban 1447 AH, a judicial session was attended at the Second Circuit of the Commercial Court in Jeddah, and the court ruled (the first instance ruling) that the Commercial Court in Jeddah does not have jurisdiction spatially to hear this case, the judgment deed was received on 15 Ramadan 1447 AH.

2. On 06 Shawal 1447 AH the company filed its objection to the first instance judgment with the Court of Appeal.

3. On 11 Dhu al-Qi ‘Dah 1447 AH, the appeal session was attended, and the Second Appellate Circuit of the Commercial Court in Jeddah ruled to accept the objection in form and on the merits: by cancelling the first instance judgment issued by the Second Circuit of the Commercial Court in Jeddah and returning the case to the first instance Chamber for adjudication.

1. On 29 Shaaban 1447 AH, a judicial session was attended at the Second Circuit of the Commercial Court in Jeddah, and the court ruled (the first instance ruling) that the Commercial Court in Jeddah does not have jurisdiction spatially to hear this case, the judgment deed was received on 15 Ramadan 1447 AH.

2. On 06 Shawal 1447 AH the company filed its objection to the first instance judgment with the Court of Appeal.

3. On 11 Dhu al-Qi ‘Dah 1447 AH, the appeal session was attended, and the Second Appellate Circuit of the Commercial Court in Jeddah ruled to accept the objection in form and on the merits: by cancelling the first instance judgment issued by the Second Circuit of the Commercial Court in Jeddah and returning the case to the first instance Chamber for adjudication.