comparemela.com

Latest Breaking News On - Abu dhabi global market courts - Page 3 : comparemela.com

Sorbonne University Abu Dhabi and ADGM Courts collaborate to further legal services in Abu Dhabi

UAE-based Global Advocates further consolidates its presence in the region

NMC s administrators lose legal tussle with Dubai Islamic Bank in ADGM Courts

NMC s administrators set for new round of hearings in dispute with Dubai Islamic Bank

UK court freezes assets of BR Shetty and other NMC shareholders and executives

SHARE London s High Court placed a worldwide freezing order on the assets of the principal shareholders and former executives of NMC Health, the company founded by BR Shetty. The order was secured by Abu Dhabi Commercial Bank, which is the group s biggest creditor with exposure of more than $1bn to the company, following a private hearing held in December last year without prior notice to avoid the risk that alleged fraudsters would be tipped off , judge Justice Bryan said in his ruling on the order. The order freezes the assets of Mr Shetty and NMC s other principal shareholders – as well as those of former chief executive Prasanth Manghat and other former company executives.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.