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Through its supervisory arbitrational jurisdiction under Law No 2 of 2017 issuing the Arbitration Law in Civil and Commercial Matters, parties can elect the QICDRC as the “Competent Court” of arbitration to perform various functions in relation to interim measures, enforcement of awards and appeals.
Qatar Financial Centre Authority v Awan Media International LLC
CTFIC0024/2024
Neutral Citation
[2024] QIC (F) 34
Date
28 July 2024
Status
Keywords
Judges
George Arestis
Fritz Brand
Yongjian Zhang
Summary
In a case before the Qatar Financial Centre Civil and Commercial Court, the Qatar Financial Centre Authority (QFCA) sued Awan Media International LLC for failing to pay financial penalties. The court ordered Awan Media to pay $3,000 as per a Decision Notice from March 2023 and an additional QAR 32,000 for unpaid sanctions under QFC Tax Regulations. The company also failed to submit a required Beneficial Owners report and tax returns for 2019 and 2020. The court decided the case based on written submissions, as Awan Media did not defend the action. The Defendant must also cover the Claimant's legal costs.
Judges
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George Arestis
Cyprus
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Fritz Brand
South Africa
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Yongjian Zhang
China
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