QFC 0024/2022, [2023] QIC (F) 7
Bank Audi LLC v Bin Omran Trading & Contracting Company WLL and KH Holding
This case involved a summary judgment. A bank had made a claim for collateral and guarantees related to direct and indirect lending.
Background
The Claimant, Bank Audi Company LLC was a company established in accordance with the laws of the Qatar Financial Centre and registered in the Commercial Register. It made a claim against the First Defendant, Bin Omran & Contracting Company WLL, and against the Second Defendant, KH Holding (a corporate entity with legal personality), represented by its manager Sheikh Khalid Hamad Al-Thani. The Bank sought summary judgment under article 22.6 of the Court’s Regulations and Procedural Rules and Practice Direction 2/2019-
Although Bin Omran and KH Holding had been properly served with the proceedings and this application, they had not participated in the proceedings orally or in writing. They had not sought to defend the proceedings. On 16 February 2023, an oral hearing of the application for summary judgment took place. The hearing was remote. Ms Dib made oral submissions on behalf of the Bank. Following the hearing, and at the request of the Court, a draft form of order was provided.