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When does the Commercial Court lack subject-matter jurisdiction to hear a claim related to the investment of funds in stocks and currencies?

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The Commercial Court lacks subject-matter jurisdiction to hear a claim related to the investment of funds in stocks and currencies if it is proven that the relationship between the parties is a mere agency relationship for buying and selling currencies or stocks, and not a partnership or commercial speculation relationship.

The Commercial Court lacks subject-matter jurisdiction to hear a claim related to the investment of funds in stocks and currencies if it is proven that the relationship between the parties is a mere agency relationship for buying and selling currencies or stocks, and not a partnership or commercial speculation relationship.
Source: Radiif.com (رديف) · Saudi Legal AI Platform

Legal References & Citations

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نظام غير محدد - Article 16

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