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Does the company manager possess the authority to waive claims initiated by the company?

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Radiif AI Legal Assistant

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Yes, the company manager possesses the authority to waive claims initiated by the company if the Commercial Register establishes him as one of its managers, and this waiver is considered valid and legally effective.

Yes, the company manager possesses the authority to waive claims initiated by the company if the Commercial Register establishes him as one of its managers, and this waiver is considered valid and legally effective.
Source: Radiif.com (رديف) · Saudi Legal AI Platform

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مبدأ قضائي - Article مبدأ

وحيث قرر وكيل المدعية بما له من حق الإقرار والتنازل عن المدعية طلب الحكم بإثبات تنازل المدعية عن هذه الدعوى

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