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Announcement from CRSD

The Committee for Resolution of Securities Disputes (CRSD) announces the issuance of its decision No. (1010/L/D1/2012 G. for 1433 H.), dated 15/7/1433 H., corresponding to 5/6/2012 G., in the lawsuit filed by 'Adima bint Duhaim bin Marzouq Alotaibi, holding national ID No. (1061385017) against: Turki bin Sa'eed bin 'Awadh Alqahtani, holding national ID. No. (1041481050). CRSD absentia decision ruling provided the following:

First: The agreement concluded between the plaintiff and the defendant is void.

Second: To oblige the defendant Turki bin Sa'eed bin 'Awadh Alqahtani to return to the plaintiff 'Adima bint Duhaim bin Marzouq Alotaibi the amount of (SR. 7,000) seven thousand Saudi Riyals, representing the sum which the plaintiff paid to the defendant.

Third: Other claims are rejected.

Since it was not possible to locate the addresses of the defendant, Turki bin Sa'eed bin 'Awadh Alqahtani, it was decided to notify him on this decision which was issued against him by publishing such a decision in the Official Gazette. This individual may object to the decision within thirty days from the date of publication of this Announcement. If no objection during this period was filed, the decision shall become final.