Court Of Cassation Has Dismissed An Appeal

The Court of Cassation has dismissed an appeal submitted by the previous board of directors of a joint-stock company on a verdict issued by the Court of Appeals for the return of legal fees worth KD 2 million which the board had paid unjustly to a lawyer.

The Court of Appeals issued its verdict on a case filed by the company against the previous board members for the return of the money paid to the lawyer.

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The lawsuit was filed by Lawyer Ali Al-Attar on behalf of the company. As per the lawsuit, the company based its case on the fact that the amount paid to the lawyer was not sanctioned and is thus illegal, as the legal work of the lawyer did not serve the interests of the company and its shareholders, but served the board members in their conflict with their opponents in managing the affairs of the company.

The company considered the payment of this huge amount as mismanagement by the previous board, insisting that the board should be held accountable for violating the law, and the rights of the company and its shareholders.

SOURCE : ARABTIMES

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