sct 061/2020

LUDHAN BANK v LIONE [2020] DIFC SCT 061 — Enforcement of defaulted personal loan obligations (23 April 2020)

The dispute centered on the recovery of an outstanding balance under a personal loan agreement. Ludhan Bank (PJSC) initiated proceedings against the defendant, Lione, to recover funds that had remained unpaid following a period of regular repayments.