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Dubai court orders man to repay Dh2 million loan after he ignored the due date and the court case

Published by Emirates 24/7 · UAE 8 h ago
Dubai court orders man to repay Dh2 million loan after he ignored the due date and the court case
Dubai court orders man to repay Dh2 million loan after he ignored the due date and the court case · Emirates 24/7

Detailed summary

A signed debt acknowledgment was enough to prove the debt, and the judge also awarded 5% annual interest from the date of the lawsuit ...

A signed debt acknowledgment was enough to prove the debt, and the judge also awarded 5% annual interest from the date of the lawsuit

The defendant did not appear before the court, despite being legally notified, and did not provide any evidence of payment of the amount. File photograph

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