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uae-difc-cases
ABRAAJ CAPITAL LIMITED [2019] DIFC CFI 053 — Winding up order and transition to official liquidation (19 November 2019)
The lawsuit concerns the formal insolvency of Abraaj Capital Limited, a significant entity within the DIFC financial services sector. Following a petition presented on 1 August 2018, the Court addressed the necessity of transitioning the company from a state of provisional liquidation—which had…
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·5 min read
uae-difc-cases
ABRAAJ CAPITAL LIMITED [2018] DIFC CFI 053 — Appointment of Joint Provisional Liquidators (15 August 2018)
The DIFC Court of First Instance formalizes the insolvency process for Abraaj Capital Limited, appointing Deloitte partners to oversee the company’s affairs and imposing a comprehensive stay on external legal proceedings.
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·5 min read