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Loan defaulters fleeing to India can’t escape law -

Loan defaulters fleeing to India can’t escape law

By Eudore R. Chand

DUBAI 2 February 2019: After a recent gazette notification by the Indian Ministry of Law and Justice, Indian expat loan defaulters and convicts in other civil cases in the UAE will no longer be able to escape the law and flee to India.

The notification declares the Gulf country as a ‘reciprocating territory’ for the purpose of Code of Civil Procedure and identifying superior courts here, thereby facilitating execution of UAE civil court orders through the Indian courts, said James Mathew, CEO & Managing Partner of UHYJames Chartered Accountants.

This comes as part of a 1999 agreement between the UAE and India related to cooperation in civil and commercial matters. The move will help in execution of civil verdicts in financial and divorce cases, he said.