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Filing a case to recover outstanding debts from a company

A company owes me 3 million dirhams.

Due to payment difficulties, I offered them a discount of 1 million dirhams provided they keep up to an agreed payment plan which was sent to them and which I have a copy of.

Now, it has been over a year since they haven’t honoured the payment plan. Can I file a case against them claiming the current outstanding plus the discount that I gave them?

Ismail Al Saffar Advocates & Legal Advisors
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2 Oct 2019, 16:23

Yes, you can file a claim in court for the full amount.

For inquiries, you can call us on the phone.

3 Oct 2019, 02:48

What will be the average cost that I’ll be incurring in the process?

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Maryam Hayyaz & Wejdan Bushahab Advocates
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2 Oct 2019, 16:47

Dear questioner

Pursuant to your question, the discount was offered to them so that they make the rest of the payment which they didn't do.

Therefore you have the full right to file a case against them and recover the full amount.

Definitely, we can help you in getting your money in the shortest possible time.

Kindly contact us on the phone for a detailed discussion or write to us at our email for further assistance.

3 Oct 2019, 02:46

What will be the average cost that I’ll be incurring in this?

3 Oct 2019, 08:28

You can contact us directly on the phone for a detailed discussion.

Al Nassar Advocates & Legal Consultants
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3 Oct 2019, 04:09

Dear Sir/ Madam,

Thank you for reaching out to me on this.

I am assuming you have agreements in place with respect to principal liability of AED Three Million and the settlement agreement wherein you had offered AED Two Million.

Considering the settlement offer was not honoured, the same is lapsed as per law and now you will be entitled to claim the full amount from the other party.

You can file a civil case based on the agreement and misc documents in the Emirate where the other party has his principal place of business.

You will be eligible to claim the full amount with 9-12% of legal interest and nominal lawyers fee.

The court fee for such a claim will be 6% of the claim amount with AED 40,000/- being the maximum court fee. Your documents will have to be translated into Arabic for the convenience of the court.

Regarding professional fees, for the reasons of confidentiality, you may email me directly or contact me on the phone for further discussion and clarification.

I would be happy to have a meeting with you to explain further and peruse the documents from your end.

I trust you will find this helpful.

Regards,

Hari Wadhwana

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