Thursday 8 April 2010

Limitless - First DIFC Case


Here's a report from Maktoob Business that a former employee has filed a case against Limitless at the DIFC Courts.

As you'll recall (and if you don't, here's the link), if a company owes US$2,000 and does not pay for a period of three weeks, it may be wound up.   Chapter 5 Articles 50 and 51 are the place to look.

Presumably a tactic by the former employee to secure a payment.  It's highly unlikely the Court will put Limitless in compulsory liquidation.

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