The Dubai Commercial Court issued a ruling that the actions of the gift conducted by one of the real estate development companies run out on a plot of land, confirming that the disposal was made with the intention of harming creditors, and stressed the right of the Secretary to sell the land by public auction to pay the accredited debts. The original dispute dates back to January 2025, when the court ruled to declare bankruptcy company for a real estate development company after it stopped practicing its activities for many years and not renewing its commercial license, in light of the accumulation of its debts that reached 24 million and 86 thousand dirhams towards a number of creditors, including other real estate companies and individual developers, and the court appointed Secretary of procedures to limit the company’s assets and manage the bankruptcy file. During his direct tasks, it became clear to the secretary that
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