DCC 2/2006
Background Facts
The Defendant owed the bank 26,394,80 AED as a result of his use of a credit card which he obtained from the bank.
Due to the failure of the Defendant to pay for the Plaintiff bank they filed the lawsuit and requested 26,394,80 AED and interest of 24% per annum from the date of the lawsuit until full payment.
Proceedings
Court of first instance | Decision dated 18/12/2004
The court ruled that the Defendant was required to pay the claimed amount to the Plaintiff and 5% interest annually from the date of the claim on 20/10/2004 until the payment was completed
Appeal at Sharjah Court of Appeal |Decision dated 29/06/2005
To amend the appealed judgment in terms of the amount to be 39/4626 instead of 26,394,80 AED and to support it otherwise
Appeal in Cassation before Dubai Court of Cassation