sct 183/2018

IPSHITA COMMERCIAL BANK v IFFAT [2018] DIFC SCT 183 — Debt recovery enforcement for personal loan arrears (29 June 2018)

The lawsuit concerned the recovery of an outstanding personal loan balance initiated by Ipshita Commercial Bank (PJSC) against the defendant, Iffat. The dispute arose from a written agreement signed on 5 June 2017, under which the bank provided a loan of AED 330,000.