QFC QFC Case No. 0001/2014
Re Al Mal Bank LLC
Type
Case
Court
Qatar Financial Centre - Qatar Financial Centre, Civil and Commercial Court, First Instance Circuit
Jurisdiction
Qatar Financial Centre
Taxonomy
General Insolvency Law, Companies & Corporate Bodies, Liquidation
Copyright
LexisNexis
Decision date
14 Jan 2014
Hearing/Judgment date
14 January 2014
Panel
Cullen, Dohmann and Gibson JJ
Catchwords
Insolvency – Books and records – Destruction of documents – Court ordering bank’s winding up – Joint liquidators being appointed – Criminal proceedings against former employees of bank commencing in Qatar State Courts – Liquidators applying to Court for approval to destroy bank’s books and records - Court declining to make order regarding destruction of bank’s books and records and keeping matter under review dependent upon criminal proceedings – Liquidators seeking variation to Court’s ruling - Liquidators applying for directions regarding destruction of documents generated by liquidation – Liquidators seeking storage of bank’s books and records by Court or indemnities for costs of storage, insurance and transport of documents from Qatari State Court