Search Result

Home

May 30, 2024

Statute of Limitations – Saudi Arabian Civil Transactions Laws

Introduction Saudi Arabian Civil Transactions Law (Law) promulgated under Royal Decree No: D/191 dated 29/11/1444 H. (18 June, 2023) which became effective on 16 December, 2023 has codified the principles and rules of civil transactions, dealings and relations in an exhaustive manner. No sooner than the Law became effective, the courts in Saudi Arabia started entertaining arguments based on the provisions of the law as well as discussing and invoking the relevant provisions while rendering judgments. Notably, the Law provides limitations with respect to different periods for a variety of issues after which claims can be challenged on grounds of inadmissibility. Universally referred as ‘statute of limitations’; the provisions under the law assume greater significance insofar as inadmissibility of claims

Read More

Subscribe and Stay Updated on the Kingdom's Laws and Regulations

Subscribe and Stay Updated on the Kingdom's Laws and Regulations

Request a Complimentary Consultation

Contact us to schedule a call with one of our lawyers so we may better understand your requirements.