BCC 1040/2019
Type
Case
Court
Bahrain Court of Cassation
Jurisdiction
Bahrain
Taxonomy
Litigation Procedure & Practice, Bankruptcy
Decision date
22 Jul 2019
Catchwords
Bankruptcy Proceedings - Court Decision - Creditors' Right to Challenge
This case involved the commencement of bankruptcy procedures. A key issue was whether creditors had the right to challenge the court's decision.
Background
A company filed a case against defendants before the court. The company requested the court to start bankruptcy proceedings and suspend a provisional seizure of its assets by one of its creditors.
The court ruled that the bankruptcy proceedings should be initiated and a bankruptcy trustee should be appointed in this regard.
The defendants appealed the ruling before the court appeal. The court dismissed the appealed ruling and the case altogether.
The company appealed the ruling before the court of cassation.