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.