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Court of Cassation clarifies "sufficient guarantees" - security cheques upheld

Finance | 20/10/2025

The Abu Dhabi Court of Cassation has issued a judgment (Case No. 819-2025, dated 28 August 2025) that may provide useful guidance on what constitutes "sufficient guarantees" under Article 121 bis of the Banking Law.

While this decision relates specifically to individual lending, it could potentially inform the broader interpretation of adequate security requirements we highlighted in our June 2024 update.

Click here (PDF) to read more.

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Rustum Shah

Partner

Dubai

Murtaza Hussain

Managing Associate

Dubai

Sharif Jamoos

Associate

Dubai

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