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What is the legal basis for claiming the restitution of capital in a terminated partnership agreement?

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The right to claim the restitution of capital in a terminated partnership agreement is based on what proves the financial contribution, such as duly attested contribution certificates. Given that a partnership agreement is a revocable contract that may be rescinded, and in the absence of the other party proving anything...

The right to claim the restitution of capital in a terminated partnership agreement is based on what proves the financial contribution, such as duly attested contribution certificates. Given that a partnership agreement is a revocable contract that may be rescinded, and in the absence of the other party proving anything to the contrary, the contributing party is entitled to recover their capital. This is in accordance with Article 561 and Article 564, Paragraph 1, of the Civil Transactions Law, and taking into account the provisions of evidence stipulated in Article (29/1) of the Law of Evidence.
Source: Radiif.com (رديف) · Saudi Legal AI Platform

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نظام المعاملات المدنية - Article غير محدد

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