sct 142/2022

MAGNAR BANK v MAHFUZ [2022] DIFC SCT 142 — Debt recovery and evidentiary standards in the Small Claims Tribunal (03 June 2022)

The dispute centered on the recovery of outstanding arrears arising from two distinct financial products: a personal loan and a credit card facility. Magnar Bank initiated the action to recover a total sum of AED 234,704.18, alleging that the Defendant had failed to maintain the required repayment…