Latest news with #430
Gulf Today
14 hours ago
- Gulf Today
Al Ain court obligates a man to pay 51,430 for causing traffic accident
The Abu Dhabi Family, Civil and Administrative Cases Court has ordered a person to pay Dhs51,430 plus a fine of Dhs5,000 as a compensation to another man for damaging two vehicles while driving. Earlier, the plaintiff filed a lawsuit against the defendant in which he requested that he be obligated to pay Dhs51,430, which was the cost of repair for his damaged car plus Dhs75,000 as the rental of a car of the same type that he had to rent while his car was under repair. He also requested the court to obligate the defendant to pay the incurred charges, expenses and lawyer's fees. The plaintiff pleaded that the defendant caused damage to his vehicle, noting that the defendant was convicted of the charge in a lawsuit that had already been filed against. In support of his lawsuit, the plaintiff attached to his docket a copy of the traffic accident report and a copy of the supervising judge's decision to appoint a technical expert to investigate the issue and assess the cost of repair of the plaintiff's vehicle. The technical expert decided that the total repair costs of Dhs51,430 as incurred by the plaintiff were reasonable and in line with the extent of the damages resulting from the accident, assuming that he had bought original spare parts. As for the plaintiff's request for Dhs75,000 as a compensation for not being able to use his car for approximately 6 months from the date of the accident until the date of the actual repair of the car, the court estimated that a Dhs5,000 compensation for the material harms caused to the plaintiff due to the defendant's error would be sufficient.
Daily Tribune
3 days ago
- Business
- Daily Tribune
Court cancels BD150,000 payout after proof of larger returns
A Bahraini investor claiming BD150,000 in unpaid returns has lost her appeal after judges found she had already received almost BD440,000 from the late businessman at the centre of the dispute. The Higher Civil Court of Appeal in Manama set aside an earlier ruling that had instructed the heirs of the entrepreneur to hand over BD150,000. Judges accepted evidence from a court accountant showing payments totalling BD440,430 reached the claimant and her mother during the entrepreneur's life. The row began in 2013, when the claimant placed BD150,000 with the businessman under her daughter's name, seeking a steady profit stream. The businessman agreed to the arrangement. After his death, the woman demanded the sum, insisting that only BD150,000 in profit had reached her.
Time of India
20-05-2025
- Business
- Time of India
Protean eGov of PAN fame crashes 20% as govt turns down bid.
Protean eGov Technologies witnessed a sharp decline of 20% in its stock price in a single day, falling from INR1,430 on Friday to INR1,015. The stock was downgraded after the Income Tax Department (ITD) turned down the company's bid for the contract of PAN 2.0 – a government initiative to add new features to the existing PAN (Permanent Account Number) card and make it more tech-oriented. The company is known for processing and issuing PAN cards,
Arab Times
18-05-2025
- Arab Times
Retired Syrian soldier jailed 7 yrs in Kuwaiti nationality forgery
KUWAIT CITY, May 18: The Criminal Court sentenced a retired Syrian soldier to seven years in prison, fined him KD961,000 and dismissed him from his job for unlawfully getting his salary, pension and rent allowance; and attempting to obtain a residential plot by forging Kuwaiti citizenship, claiming he is related to a deceased citizen. The Public Prosecution had earlier charged the defendant with unlawfully receiving cash amounting to KD22,430 from the Public Institution for Social Security (PIFSS); when he approached PIFSS employees and requested for pension based on forged documents: his civil identification and Kuwaiti nationality certificate, which falsely indicated that he is a Kuwaiti citizen. He also forced the institution to pay him a periodic pension, thereby enabling him to unlawfully obtain the aforementioned cash. Sources disclosed this crime was inextricably linked to another felony -- forgery of an official document related to the PIFSS database, as revealed in the investigations. Moreover, the Official Gazette (Kuwait Al-Youm) on Sunday published Decree No. 88/2025 revoking the Kuwaiti citizenship of 154 individuals and those who acquired the citizenship through them. This decree covers doctors, preachers, former athletes and media professionals who obtained citizenship based on the 'noble deeds' clause. Kuwait Al-Youm also published Cabinet Resolution No. 553, which revoked the Kuwaiti citizenship of three individuals and those who acquired the citizenship through them; under Article 21bis(A) of Nationality Law No. 15/1959 and its amendments, specifically the stipulations on forgery.
The Sun
16-05-2025
- Business
- The Sun
SC charges former London Biscuits CEO with falsifying financial statement, corporate records
KUALA LUMPUR: The Securities Commission Malaysia (SC) today charged Datuk Seri Liew Yew Chung, former executive director and group chief executive officer of London Biscuits Berhad, in the Sessions Court here for furnishing a false financial statement to the stock exchange and falsifying records of a listed corporation. Based on a statement issued by the SC, Liew faced a total of 13 charges before Sessions Court Judge Azrul Darus and pleaded not guilty to all of them. On the first charge, Liew is accused of having caused the furnishing of a false financial statement to Bursa Malaysia Securities Berhad on Aug 30, 2019, an offence under Section 369(b)(B) of the Capital Markets and Services Act (CMSA) 2007. The charge relates to a false statement concerning London Biscuits Berhad's cumulative revenue amounting to RM285,985, which was contained in the company's third quarter financial report for the period ended June 30, 2019. By virtue of his position as a director and group CEO of London Biscuits Berhad at the material time, Liew is deemed to have committed the offence under Section 367(1) of the CMSA. Liew faces a maximum sentence of 10 years imprisonment and a fine not exceeding RM3 million, upon conviction. Separately, he was also charged with 12 counts under Section 368(1)(a) of the CMSA 2007 for instructing the creation of false sales transactions in the accounting records of London Biscuits Berhad between October 2018 and March 2019. The total value of the false transactions across all 12 charges amounts to RM2,354,430. Upon conviction, each charge carries a maximum penalty of 10 years imprisonment and a fine not exceeding RM1 million. The Sessions Court allowed bail at RM300,000 with two local sureties for all 13 charges. Liew was further ordered to surrender his passport to the court and to report to the SC's investigating officer twice a month.
