Qatari Investors Group Discloses the Judgment in Case No. 3125

 

February 08, 2017

 

Qatari Investors Group announced that the court verdict disclosure as follows;
Based on what we heard from the external law firm regarding the judgment for case number 3125 of the year 2016 filed by Al Taybin Company (Ezdan Holdings) against Qatari Investors Group and others, where the Court ruled the inadmissibility of the request of annulment proceedings and resolutions of the Extra-ordinary General Assembly meeting of 12/4/2016 and oblige the plaintiff (Ezdan Holdings) to pay all expenses. 
It is worth mentioning that the case referred to is part of a large number of lawsuits brought by Ezdan Holding Company using its subsidiaries which used by the holding company as a front for legitimizing the abuse of the right of litigation by circumventing the unity of the opponents,  as a reason to join together many lawsuits that are filed out of spite over the same subject and by the same opponent (Ezdan Holdings) which all related to requesting the invalidity of the Extra-ordinary General Assembly resolutions held on 12/4/2016 by the defendant, Qatari Investors Group.