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معلومات مباشر
Source: معلومات مباشر
9 Hrsمعلومات مباشر
Source: معلومات مباشر
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The First Appellate Circuit of the Commercial Court in Madinah upheld a ruling requiring Modern Moonlight Home Appliances Company to pay SAR 7.59 million to Amwaj International for electrical appliances it had supplied but not been paid for. Amwaj said the ruling is final, but that this does not mean the amount will be collected immediately, as collection depends on enforcement procedures and the defendant company’s ability to pay. It added that the financial impact on its statements would be determined based on the previous accounting treatment, the likelihood of collection, and any provisions related to the amount.
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