Date | 22/04/2021 |
Company Name | Agility Public Warehousing Company KSCP “Agility” |
Case Number | Legal case no. 3538 and 4542 for the year 2020 Commercial/Civil/Government |
Case Subject | The contract between the Public Authority of Industry (“PAI”) and Agility for phase 5 located in South Amghara area. |
Date of the decision | 20/04/2021 |
Court Decision | First Instance |
Parties involved | Public Authority of Industry and Agility |
Decision in favor of | Public Authority of Industry |
First Instance court decision | The court of first instance resolved in case no. 3538/2020 Commercial/Civil/Government that (i) it is ascertained that the lease agreement between Agility and PAI for phase 5 located in South Amghara area with an area of 427,164 sqm has ended as of July 7, 2020 and Agility to vacate the location and hand it over to PAI and (ii) the company has to pay to PAI an amount of KD 44,237.806 against the use of the land from 4/8/2020 until the date of the court judgment, in addition to the expenses and KD 10 for legal fees. The court also dismissed case no. 4542/2020 and requested the company to pay the expenses and KD 10 against legal fees. |
Appeal court decision | NA |
Cassation Court Decision | NA |
Financial Impact | No impact at the moment as the company will appeal this decision |
October 2, 2024