Sheikh Mohammed dissolves tribunal related to Dubai World’s financial disputes

His Highness Sheik Mohammed container Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, has given a pronouncement to break down the council connected with the monetary repayment of Dubai World and its auxiliaries.

The court was shaped as per Decree No. (57) of 2009. All cases and claims documented after Decree No. (20) of 2022 becomes effective will be alluded to particular courts.

The new declaration expresses that the court will keep on looking into every single forthcoming case and cases during a progress period.

All cases and demands that poor person been settled by a last judgment before December 13, 2022, will be alluded to particular courts, in accordance with legal regulations in Dubai, with no new expenses being charged.