QFC 001/2011-2
Omara v Al Mal Bank LLC (In Liquidation)In the Matter of the Winding Up of Al Mal Bank LLC-2
Type
Case
Court
Qatar Financial Centre - Qatar Financial Centre, Civil and Commercial Court, Court of First Instance
Jurisdiction
Qatar Financial Centre
Taxonomy
Liquidation, General Civil Procedure & Administration of Justice
Copyright
LexisNexis
Decision date
9 Jan 2011
Hearing/Judgment date
9 January 2011
Panel
Justice Dohmann, Justice Lord Cullen, Justice Sackville
Catchwords
Company - Compulsory winding up - Liquidator - Powers - Application to court for determination of questions arising in course of winding up - Former employee of insolvent bank seeking damages against bank for wrongful dismissal - Bank subsequently being wound up - Liquidators of bank seeking determination of certain questions from court in respect of employee's claim - Whether employee's employment contract with bank executed before employee's employment with bank terminated - Whether contract nonetheless invalid on basis that its execution lacked relevant authority – Article 95(1) of QFC Regulation No. 5/2005 (Insolvency Regulations).
9 January 2011
In the name of His Highness Sheikh Hamad bin Khalifa Al-Thani, Emir of the State of Qatar
Justice Dohmann, Justice Lord Cullen, Justice Sackville:
On 9 December 2010 the Court ruled as to the costs incurred by Mr Tamir Omara in relation to his wrongful dismissal and bonus payment claims.