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Al-Baha Investment and Development Co. announced that the lawsuit hearing against Al Sateaa Modern Construction Co., to be held on Feb. 10, 2021, has been postponed.
The court of appeal set Feb. 17, 2021, as the new date for hearing the case, the company said in a bourse statement.
Any further updates will be announced in a timely manner, the statement added.
According to data compiled by Argaam, Al-Baha said in December 2020 that its lawsuit against Al Sateaa Modern Construction Co. was returned to the court of appeal, and the court set Jan. 18, 2021, as the date for hearing the case.
In February 2020, Al-Baha announced it filed an appeal against the court order issued on Jan. 27, 2019, concerning the correction of the interpretation of the judgment.
In August 2016, Al-Baha received a court order requesting the implementation of a previous administrative court order in favor of Al Sateaa Modern Construction Co. requiring Al-Baha to make a payment of SAR 3 million, evacuate 134 plots in Taif and evacuate the poultry project land in Al Aqeeq.
In February 2017, the company obtained a ruling to stop the implementation until the order is corrected.
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