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UAE: Image reason for the return of AED 2.5 million for someone
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A person held a lawsuit before the Abu Dhabi Family Court, Civil and Administrative Court, against his colleague, in which he called for two million dirhams and 605 thousand dirhams lend him

A person held a lawsuit before the Abu Dhabi Family Court, Civil and Administrative Court, against his colleague, in which he called for two million dirhams and 605 thousand dirhams lend him, and the legal benefit of 12% annually from the date of the claimant and until full payment, with his immunization and expenses, based on his call On images to detect an imminent account guarantee and shares trading.

During the proceedings, the complainant was attended by his person and decided that the amount of the case, AED 2,605,000, was converted from him to the complaint, as for the loan, at the request of the complaint, not for investment and speculation, and that the transfer was made at once, through The bank, and that the complaint was agreed that the amount was received by a maximum of 6 months from the date of conversion and that the latter was free of charge.

He explained that the complained to recover the check, and a new check of AED 2,500,000, because he had paid $ 100,000 in batches,It was unable to disburse the check, because of a difference between digital value and written value, and made an explanatory memorandum, which included adjustments to requests, to become a claim for the performance of AED 2,500,000, with the delayed interest.

The complained, for receipt of the amount of AED 2,605,000, from complaints, for investment and speculation, not for personal loan, and this is the basis of the agreement, and that it works in the field of investments, and there is no need for a loan and decided that the complainant was recognized $ 100,000 , As sporadic profits, before it handed over 220 thousand dirhams, he did not mention the complainant within his invitation, pointing out that investment accepts profit and loss.

The Court explained that the Cassi calls for the transfer of conversion on his account, and did not deny the latter and the last transfer and receive the amount, but they differed whether a loan or investment.

The Court noted that he was informed of the statement of shares belonging to complaining. It was not clear from the leaves that the latter had purchased shares of complaints from AED 2,605,000.

The court confirmed that the sayings of the Shaki, was to highlight a picture of the check, edited by the complaint for the Shaki for AED 2,500,000, but the check is a guarantee of the amount, which did not deny its chests.

Accordingly, the Court sentenced the complaint that the Acquisity of AED 2,500,000 and the delayed benefit of 4% per year from the date of lifting, and until full payment, with immunization and expenses.

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