UAE Supreme Court overturns ruling ordering two individuals to pay AED 4.4 million to bank

Detailed summary

The Federal Supreme Court overturned an appeal ruling that had ordered a client and a guarantor to jointly pay AED 4.4 million to a bank. The court affirmed the ...

The Supreme Court overturned the previous decision due to the lower court's failure to examine their defence regarding the debt calculation and breach-of-contract notification, and referred the case back to the issuing court for reconsideration.

The Supreme Court concluded that the lower court's ruling failed to examine objections to the expert report or verify the plea regarding the case's inadmissibility, despite the necessity of establishing the facts through proper evidentiary and investigative procedures. (Photo courtesy: Ministry of Justice)

Opening of the article, excerpted from Emirates 24/7. To read the rest, open the article on the publisher's site.