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What are the potential defenses against a claim for capital recovery in commercial entities?

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Potential defenses include pointing to the claimant's own responsibility for managing the commercial entity and preparing its financial statements, and the duty to convene partners when losses reach a certain percentage of the capital (Article 167 and 182 of the Companies Law). A defense can also be raised that capital...

Potential defenses include pointing to the claimant's own responsibility for managing the commercial entity and preparing its financial statements, and the duty to convene partners when losses reach a certain percentage of the capital (Article 167 and 182 of the Companies Law). A defense can also be raised that capital recovery is subject to specific procedures under the Companies Law (Article 178), or that it is necessary to join all concerned parties.
Source: Radiif.com (رديف) · Saudi Legal AI Platform

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نظام الشركات - Article 167

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