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Judgment

In re Saad Cayman Ltd; Singularis Holdings Ltd; Saad Investments Finance Co Ltd; Saad Investment Companies Nos. 2, 3, 8, 9, 10 - Ruling

[2011] CIGC (FSD) 0015/2010 · FSD 0015/2010; FSD 0016/2010; FSD 0036/2010; FSD 0037/2010; FSD 0038/2010; FSD 0039/2010; FSD 0041/2010; FSD 0035/2010 (ASCJ) · 2011-06-14

JOLs seek substituted service on Maan Al‑Sanea; extension and reinforcement of s.101/103 orders; attachment of penal notices; court upholds substituted service where Al‑Sanea evading service; no Saudi‑law impediment to Cayman orders; JOLs complied with CWR O.7 disclosure; jurisdictional challenge raised too late; penal notices endorsed; 21‑day compliance window; 7‑day window to apply to set aside

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Legislation cited
Statute Sections cited Mentions
Companies Act 101 and 103 5
Companies Winding Up Rules, 2008 (subordinate) — 1
Grand Court Rules - Vol I - Orders (subordinate) — 1

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