The Claimant, the Qatar Financial Centre (QFC) Authority, was established by Article 11 of Qatar Law No. 7/2005, to supervise entities established and licenced to operate in the QFC. The Defendant, Luay Darwish Holding LLC, was an entity so established and was licenced on 12 July 2017. Because of the sum and the nature of the issues involved, the claim was allocated by the Registrar to the Small Claims Track of this Court under Practice Direction No. 1 of 2022. The Defendant had been duly notified about the claim and was served with the relevant material before us on 3 July 2024 by email with permission. 3. In accordance with the allegations in the Claim Form which are uncontroverted. The hearing was based on the papers.