Latest news with #BD88
Gulf Insider
06-04-2025
- Business
- Gulf Insider
Bahrain: Firm Fined BD37,000 For 2-Year Delay To Complete Air-Conditioning Work
A Bahraini holding company has been ordered to pay BD37,000 after failing to complete air-conditioning works across four villas for more than two years and seven months. The High Civil Court ruled that the company's prolonged delays left the plaintiff facing rising costs and unable to complete the project as planned. Lawyer Kaltham Al Koohaji, representing the plaintiff, argued that the company had signed a contract worth BD88,900 to supply and install air-conditioning systems, covering all materials, labour, and equipment. The plaintiff had already paid BD65,808, but the work delivered fell far short of expectations, with minimal progress made over nearly three years. Frustrated by the lack of completion, the plaintiff commissioned an engineering expert, whose report confirmed that the company had failed to fulfil its obligations. The lawyer also pointed out that the company's owners had managed the project so poorly that they should be held personally accountable. The court agreed, stating that the contract clearly outlined a phased work schedule, which had not been followed. The expert's findings, based on a site inspection and meetings with both parties, further supported the plaintiff 's claims. The court found the company solely responsible for the failure and ruled that it must pay BD36,504, plus BD1,000 in compensation, along with 2% annual interest. The company was also ordered to cover court costs, expert fees, and legal expenses.
Daily Tribune
04-03-2025
- Business
- Daily Tribune
Investor wins BD88,900 refund
A property investor who paid BD88,900 for a flat that was never built and saw no returns on a four-year lease has won a court case against the real estate firm, which has been ordered to repay him with interest. The investor took legal action against the company, seeking to void the contract tied to his purchase of a residential unit intended for leasing. He also sought reimbursement after the firm failed to either transfer the property to his name or refund his money when the lease ended. His lawyer, Rashid Al BinAli, said the lawsuit named both the real estate firm and its owner. Sale agreement The investor wanted the preliminary sale agreement scrapped, along with any later agreements tied to incentives. He also asked the court to order the company to return his BD88,900, along with late payment interest. Court documents show the investor bought the unit in 2019, paying in full through instalments, with the project meant to be finished in eight months. He also signed a lease for the same unit, agreeing to an initial rent of BD629.708 a month for four years. After that term, the rent was raised to BD1,889.125. Yet, when the contract ended, he did not receive his rental income. The property had also not been built within the agreed time, leaving him out of pocket.
