Interest and court fees are due since the defendant disregarded the signed debt. An Arab man was ordered by the Dubai Civil Court to reimburse another person Dh1.5 million after it was determined that the money was borrowed and had not been paid back despite a signed admission of debt. Loan and debt recognition The court determined that the defendant had accepted the sum as an advance from the claimant and had made a formal commitment to pay it back, but had not done so within the predetermined time limit. Emarat Al Youm claims that the claimant brought the complaint in order to recover Dh1.5 million in addition to court costs, legal interest, and fees.
He informed the court that the defendant had acknowledged the debt in writing and promised to pay it back upon request. The claimant stated that the defendant refused to settle the sum without a valid reason, despite numerous friendly attempts to get the money. The defendant contests the assertion. The defendant, with legal representation, contested the claim and asked for its rejection, claiming that there was no financial relationship between the two parties and that the alleged debt had no legal foundation. In order to investigate the claim, he also requested the appointment of a court expert.
The court’s decision The court reaffirmed in its ruling that the duty of demonstrating an obligation’s discharge rests with the debtor, while the creditor must demonstrate the obligation’s existence. By presenting a written admission of debt signed by the defendant and witnessed by two people, the claimant was found to have complied with this condition by the court. The defendant did not contest the document’s legitimacy in court or deny its authenticity. The court ordered the defendant to pay back the entire Dh1.5 million after concluding that the debt was established and enforceable based on this evidence. In addition to court fees, a five percent legal interest rate will be applied from the date the decision becomes official until full payment is received.
