DCC 204/2008, 205/2008
Type
Case
Court
Dubai Court of Cassation
Jurisdiction
Dubai
Taxonomy
Financial Institutions, General Commercial Law
Copyright
LexisNexis
Decision date
5 Apr 2009
Catchwords
Shares – Bank – Ownership
This case involved a lawsuit filed by the plaintiff against first and second defendants compelling the second defendant to hand over to the Plaintiffs the shares owned by their legator for the bonus shares that the First Defendant granted to him. The Court of First Instance ruled in favour of the plaintiff. The first defendant bank appealed this judgment.
Judgment
Pursuant to the perusal of documents, and the hearing of the summary report stated at the session by the Judge - Rapporteur ---------------- and after deliberation.
Whereas, in the facts - as apparent in the contested judgment and the documents - the first eight respondents, heirs of the late………………. filed against each of:
1-………………. Bank
2-……………….