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أخبار الخليج
Bahraini firm owes 4000 dinars
The First Minor Civil Court in Bahrain ordered a Bahraini company to pay an amount of 4,702 Bahraini Dinars to a Gulf-based commercial establishment for the goods imported that it failed to pay for. The court confirmed that the debtor company acknowledged its debt to the establishment after signing an official acknowledgment, and verified that the outstanding amount is 4,702 Dinars, after the company defaulted on paying the remaining installments of the original debt of 9,202.5 Dinars. The court also ruled that interest at a rate of 1% annually shall accrue from the date of the claim until full payment. Additionally, it rejected the claim for joint liability with the company's partners, emphasizing that the responsibility lies solely with the company itself, as an independent legal entity.
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