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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.
Bank Audi Company LLC v Abdulla Ahmed Al-Semaitt
CTFIC0017/2021
Neutral Citation
[2023] QIC (F) 1
Date
23 January 2023
Status
Judges
Lord Hamilton
Fritz Brand
Ali Malek KC
Summary
The Qatar International Court delivered a judgment on 23 January 2023 in the case between Bank Audi Company LLC and Abdulla Ahmed Al-Semaitt. The court ruled that the Claim Form was effectively served on the defendant on 13 September 2021. The court granted summary judgment for the claimant, ordering the defendant to pay QAR 7,400,564.90 and an additional QAR 1,453,798.00 as capitalized interest. The claimant is entitled to 9% annual interest on the principal sum until payment and to recover reasonable legal costs. The decision addressed challenges in serving the Claim Form, ultimately validating retrospective non-compliant service due to exceptional circumstances.
Judges
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Lord Hamilton
Scotland
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Fritz Brand
South Africa
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Ali Malek KC
England
Judgment Content
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