sct 134/2019

JHUMU BANK v JAFAN [2019] DIFC SCT 134 — Enforcement of defaulted credit facilities (13 June 2019)

The dispute centered on the recovery of outstanding balances arising from a dual-facility agreement entered into between Jhumu Bank (PJSC) and the defendant, Jafan. The claimant sought to recover funds totaling AED 414,109.74, which comprised the remaining balance of a personal loan and an…