Latest news with #DubaiCivilCourt
Gulf Today
30-04-2025
- Gulf Today
5 break into a Dubai firm's warehouse, cut open safe and steal Dhs1.1m
Dubai Civil Court has ordered five Asian nationals to pay Dhs1.1 million to a Dubai-based company, along with a 5% legal interest from the date of the judgment. This ruling follows the suspects' criminal conviction for stealing from the company's warehouse. According to court documents, the company filed a civil lawsuit seeking Dhs7 million in compensation after the Public Prosecution charged the five suspects with nighttime robbery under threat of weapons. The suspects allegedly broke into the company's warehouse late at night using an electric saw, stole a safe containing Dhs1 million and various mobile phones, and fled. Dubai Misdemeanour Court previously sentenced the five suspects to 6 months in jail, imposed a collective fine of Dhs1.1 million (the stolen money), and ordered their deportation after serving their sentences. The ruling became final, prompting the company to file the civil suit for material and moral damages resulting from the theft. Dr Alaa Nasr, the company's legal representative, stated that under the law, no one may take another's property without lawful cause. If taken, it must be returned.
Gulf Today
27-04-2025
- Business
- Gulf Today
Dubai court stops all legal procedures against woman facing financial crisis
Dubai Civil Court halted all penal proceedings initiated by creditors against an Arab woman who was indebted, due to financial distress and bounced cheques. The court appointed an expert to initiate insolvency proceedings and liquidate her assets. According to case documents, the Arab woman filed a request with Dubai Civil Court to declare her insolvency and liquidate her assets. The court deemed the request legally valid and accepted it in form, while maintaining all precautionary measures against her, including a travel ban. Insolvency proceedings were then initiated. The court instructed an expert to publish the decision to begin insolvency proceedings and invite creditors to submit their claims within 20 working days from the publication date. Additionally, anyone with a claim to the woman's assets was given a maximum of two months from the publication date to file a request for recovery. The court also asked the expert to assess the possibility of reaching an amicable settlement with creditors without harming their interests and to propose a timeframe for finalising such an agreement. Dr Alaa Nasr, the legal representative of the woman, stated that the humanitarian approach of the UAE and its wise leadership is evident in the provisions of Federal Decree-Law No. 19 of 2019 concerning insolvency. This law enhances the UAE's competitiveness in the ease of doing business, facilitates support for individuals facing financial difficulties, and protects those unable to repay debts from bankruptcy.
