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Does the right to claim commercial contract dues lapse due to a prolonged period of inaction in pursuing the claim, or due to exceeding the statutory period for retaining commercial books?

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The right to claim commercial contract dues does not lapse merely due to a prolonged period of inaction in pursuing the claim or exceeding the statutory period for retaining commercial books, unless the defendant proves payment of the dues or the forfeiture of the right for another reason recognized by...

The right to claim commercial contract dues does not lapse merely due to a prolonged period of inaction in pursuing the claim or exceeding the statutory period for retaining commercial books, unless the defendant proves payment of the dues or the forfeiture of the right for another reason recognized by Sharia and law.
Source: Radiif.com (رديف) · Saudi Legal AI Platform

Legal References & Citations

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Saudi Law - Article

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