Is an oral notification of a demand for payment by the creditor considered sufficient to formally notify the debtor of default in payment, if the debtor acknowledges receiving this notification?
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Yes, an oral notification of a demand for payment by the creditor is considered sufficient to formally notify the debtor of default in payment, especially if the debtor acknowledges receiving this notification and his refusal to pay, which grants the creditor the right to rescind the contract according to its...
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صك حكم المحكمة العامة بمحافظة حوطة بني تميم رقم (40123053) في 30/4/1440هـ
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