QFCRT 2 /2011, [2021] QIC (RT) 4
Nazim Omara v Qatar Financial Centre Regulatory Authority
Type
Case
Court
QFC Regulatory Tribunal (Qatar)
Jurisdiction
Qatar Financial Centre, Qatar
Taxonomy
Boards and Tribunals, Litigation Procedure & Practice, Financial & Business Offences, Directors, Liquidation, Banks
Decision date
12 Oct 2021
Panel
Sir William Blair, Chairman Justice Laurence Li S.C. Justice Muna Al Marzouqi
Catchwords
Tribunal Proceedings - Stay - Pending Criminal Proceedings - Director - Acquittal - Substituted Service
This case involved a request to lift stay on Tribunal Proceedings which had been put in place in 2011 pending a decision in a criminal case involving the CEO of a bank which had been put into liquidation in 2010. The individual had been acquitted in the criminal proceedings. There was also a request for substituted service as the individual no longer lived in Qatar and various attempts had been made to notify him of the request.