Date | 01/03/2023 |
Company Name | Agility Public Warehousing Company KSCP |
Case Number | Case no. 12 for the year 2023 Commercial / Civil / Government -20 |
Case Subject | First: Urgent request to resolve upon preventing the defendants from interrupting the usage by Agility of the area under the lease contract No. 19/2002 until the judgement in the case is pronounced. Second, to confirm the contractual relationship between Agility and the defendants in their capacity in relation to contract No. 19/2002 with an area of 200,000 m2 in Amghara industrial area.
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Date of the decision | 28/02/2023 |
Court issuing the decision | General Court – Commercial / Civil / Government -20 |
Parties involved | Agility Public Warehousing Company KSCP against the General Director of the Public Authority of Industry in his capacity, the Minister of Commerce and Industry and the chairman of the Public Authority of Industry in his capacity, the undersecretary of the Ministry of Commerce and Industry in his capacity (Defendants) |
Decision in favor of | The General Director of the Public Authority of Industry in his capacity, the Minister of Commerce and Industry and the chairman of the Public Authority of Industry in his capacity, the undersecretary of the Ministry of Commerce and Industry in his capacity (Defendants) |
First Instance court decision | The court dismissed the case and obligated the company to pay KWD 10 as attorney’s fees |
Appeal court decision | – |
Cassation Court Decision | – |
Financial Impact | Can’t be assessed at the moment as the company will appeal this decision |
Best regards,
Investor Relations Team