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Can the company claim compensation pursuant to Article 24 of the Companies Law if the competing activity is carried out by a third party who is not a partner?

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The company cannot claim compensation pursuant to Article 24 of the Companies Law if the competing activity is carried out by a third party who is not a partner, as this Article limited compensation to cases where the competitor is a partner.

The company cannot claim compensation pursuant to Article 24 of the Companies Law if the competing activity is carried out by a third party who is not a partner, as this Article limited compensation to cases where the competitor is a partner.
Source: Radiif.com (رديف) · Saudi Legal AI Platform

Legal References & Citations

1
نظام الشركات - Article 24

- على الجهة الحكومية إجراء الدراسات اللازمة لتحديد الحد الأدنى المطلوب للمحتوى المحلي وتقديمها إلى الجهة المختصة بالشراء الموحد لمراجعتها واعتمادها -بالاشتراك مع الهيئة- وذلك خلال (15) يوم عمل من تاري...

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