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Sunday , January 16 2022

Ministries fined KD 1mln in trade fraud

Court orders company to reimburse clients

KUWAIT CITY, Nov 20: The Court of Appeal ordered Ministry of Information, the Ministry of Commerce and Industry, and two companies to jointly pay KD1 million in temporary compensation to a foreign company. The case file indicated the foreign company owns a social and advertising magazine published in English and Arabic languages with trade mark and name.

It was surprised to find out that a company in Kuwait was using its name and trade mark, while another company was publishing a magazine in English and Arabic with the same name and trade mark. This prompted the foreign company to approach Lawyer Dalal Al-Mulla to file lawsuit against the two companies. The attorney subsequently filed a petition against the companies for trade fraud, and the court fined the latter and referred civil aspect of the case to the civil court.

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‘Reimburse clients’: A Dubai court has ordered sequestration of assets and real estate property belonging to T-MAS Real Estate Company to settle one of the disputes the company has had with its clients since the beginning of its crisis. In a lawsuit filed by Attorney Ali Al-Mousawi against the company, he urged the court to order the company to refund money invested by one of his clients in the company’s capital with the corresponding profits due to breach of contract.

By Jaber Al-Hamoud Al-Seyassah Staff

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