When is a lawsuit deemed to be filed by a party lacking legal standing in the event of a transfer of ownership of shares?
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Radiif AI Legal Assistant
⚡ Quick Answer:
A lawsuit is deemed to be filed by a party lacking legal standing if it was initiated by the person who originally purchased the shares, whereas the ownership of these shares has subsequently devolved upon another individual who has become their actual owner.
Legal References & Citations
توقع الجهة الحكومية على المتعاقد غرامة لا تتجاوز (10%) من قيمة عقد التوريد في حال عدم التزامه بحصة المنتجات الوطنية في آلية التفضيل السعري للمنتج الوطني وفقاً للتفصيل الوارد في وثائق المنافسة.
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