Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

UAE - Court Round-Up: Cassation court orders relook into verdict on loan case  Join our daily free Newsletter

MENAFN - Khaleej Times - 28/01/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Court of Appeal had dismissed a lawsuit filed by a company against an ex-employee, who failed to pay a loan given by the company.







The Cassation Court has revoked a verdict issued by the Court of Appeal after the latter dismissed a lawsuit filed by a company against an ex-employee, who failed to pay a loan given by the company



A company had sued the ex-employee and demanded that he pay Dh137,850 in loans he was given when he was employed with them. After he failed to pay and settle the dispute, the company filed a labour lawsuit against him



The employee argued that the court should dismiss the lawsuit claiming that the company did not follow the legal channel and did not present the case to the competent labour department before filing it at the court. The Civil Court of First Instance dismissed the lawsuit based on the arguments presented by the employee



The company appealed the court's order and the Court of Appeal dismissed the appeal and upheld the lower court's verdict



The company then filed a plea at the Attorney-General's office submitting that they appealed the appellate court's order, as per article 174 of the Civil Procedures Law



The request was examined by Tareq Naqbi, a senior prosecutor at the Civil Prosecution. It became clear that the "appellate court's verdict was flawed in implementing the law"



The verdict considered that the lawsuit was a dispute related to rights ensuing from a labour contract. Thus, the said verdict dismissed the lawsuit and upheld the lower court's order as it did not follow the channel drawn in article 6 of the Labour Relations Organisation Law



But in fact, the case was about the settlement of personal loans given by the employer (the company) to the employee



The plea was presented to the Attorney-General who instructed that it be accepted and that an appeal be filed against the Court of Appeal's verdict at the Court of Cassation



The Court of Cassation, Dubai's top court, ordered that the lawsuit be returned to the Court of First Instance to look into it and settle it again


 






  MENA News Headlines
 Jul 24 2014 - Flydubai to start Mumbai flights in OctoberspanKhaleej Times
(MENAFN - Khaleej Times) Bai-based flydubai on Wednesday announced the launch of flights to Mumbai bringing the total number of destinations served by the carrier in India to seven with 25 flights a ...

 Jul 24 2014 - Dubai: A vision not an illusionspanKhaleej Times
(MENAFN - Khaleej Times) W laws will reinforce Dubais position as a sought-after global investment and business destination Hisham Abdulla Al Shirawi tells Khaleej Times “Dubai and the UAE as a ...

 Jul 24 2014 - Real estate deals in Dubai hit Dh113 billionspanKhaleej Times
(MENAFN - Khaleej Times) Ga projects and investor confidence behind strong transaction volumes The launch of mega projects and renewed investor confidence have boosted real estate transactions in ...

 Jul 24 2014 - Mashreq bank profit surges 40spanKhaleej Times
(MENAFN - Khaleej Times) Shreq bank announced on Wednesday a 40 per cent increase to Dh1.The bank said it net profit in the second quarter reached Dh585 million an increase of 45 per cent from last ...

 Jul 24 2014 - Marka to list on DFM in SeptemberspanKhaleej Times
(MENAFN - Khaleej Times) Rka a public joint stock company with a capital of Dh500 million on Wednesday announced plan to list its shares on the Dubai Financial Market in the second week of September ...

 Jul 24 2014 - Al Maya opens supermarket in Al Reem IslandspanKhaleej Times
(MENAFN - Khaleej Times) Maya Group has extended its reach in Abu Dhabi by opening its fourth supermarket in the countrys capital and first on Al Reem Island the company said.“The group ...

 Jul 24 2014 - Fees and commission boost FHs H1 earningsspanKhaleej Times
(MENAFN - Khaleej Times) Nance House has posted a robust consolidated net-profit of Dh61.Net fee and commission income grew by a whopping 75 per cent year-on-year to Dh35.8 million. Similarly income ...

 Jul 24 2014 - Majid Al Futtaim revenues jump 14 in first halfspanKhaleej Times
(MENAFN - Khaleej Times) Rong performance across the businesses has boosted Majid Al Futtaims first-half revenues by 14 per cent compared to same period last year the Dubai-based company announced on ...

 Jul 24 2014 - Emirates Reit H1 net profits surges 194spanKhaleej Times
(MENAFN - Khaleej Times) Irates Reit (CEIC) Limited on Wednesday announced that its net profit jumped by 194 per cent to $34.Emirates Reit is the first Shariah-compliant regulated real estate ...

 Jul 24 2014 - NBQ posts Dh186.32m profit in H1spanKhaleej Times
(MENAFN - Khaleej Times) Tional Bank of Umm Al-Qaiwain or NBQ on Wednesday said its 2014 first-half net profit rose to Dh186.In a statement the bank said operating income during January-June 2014 ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help