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United Arab Emirates - Attachment of Assets

 
Price:
$35.00
Author: C. Chakradaran, Bashir Ahmed and Nakul Asthana
Page Count: 38
Last Updated: August 2011
Media Desc: PDF from "Attachment of Assets"
File Size: 184 KB
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United Arab Emirates

Attachment of Assets

1. What is the general nature and effect of judicial measures available for plaintiffs to obtain provisional relief affecting property of debtors to obtain security for judgments to be obtained (“attachments”)? Freezing property in place? Placing it in the custody of a third party, such as a court official, sheriff or marshall?

(a) Interlocutory Attachment under the Civil Procedures Law

The UAE is a federation of seven emirates. The Constitution establishes the UAE as an independent sovereign federal Islamic state and provides for a federal court system. However, each constituent emirate has the right to maintain an independent court system. Currently, the emirates Abu Dhabi, Sharjah, Ajman, Fujairah and Umm Al Quwain have joined the federal court system. The emirates of Dubai and Ras Al Khaimah each maintain separate court systems.

The range of judicial measures available to the plaintiff vary depending on the nature and grounds of the claim.

Although various laws permit judicial measures to be undertaken, the single law1 that captures the judicial measures available for plaintiffs is set out in the Civil Procedures Law (the “CPL”).

Author Detail

C. Chakradaran, Bashir Ahmed and Nakul Asthana, Afridi & Angell