QFC QFC Case No. 007/2010
Re Al Mal Bank LLCStockwell and another v Al Mal Bank LLC (in liquidation)-2
Type
Case
Court
Qatar Financial Centre - Qatar Financial Centre, Civil and Commercial Court
Jurisdiction
Qatar Financial Centre
Taxonomy
General Employment & Labour Law, General Insolvency Law, Termination of Employment, Liquidation
Copyright
LexisNexis
Decision date
14 Oct 2010
Hearing/Judgment date
14 October 2010
Panel
Justice Dohmann, Justice Lord Cullen and Justice Sackville
Catchwords
Company – Compulsory winding up – Liquidator – Powers – Application to court for determination of questions arising in course of winding up – Applicants having been employed by bank for periods of less than one year – Bank being put into liquidation – Applicants submitting proofs of debt to liquidators claiming payment of bonuses allegedly due under contracts of employment – Applicants referring questions to Court for determination – Whether applicants being entitled to payment of bonuses and whether such payments to be made on pro-rata basis