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SDSC approved 75 million to settle debts of 158 cases

November 05, 2024 / 2:57 PM
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Sharjah24: In line with the directives of His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, aimed at ensuring a stable and dignified life for citizens, the Sharjah Debt Settlement Committee has approved a sum of AED 75 million and 261 thousand to settle the debts of 158 cases presented to it.
Rashid Ahmed bin Al-Sheikh, Head of the Sharjah Ruler Court (Amiri Diwan) and Chairman of the Sharjah Debt Settlement Committee, announced that during the 27th installment, the Committee approved an amount of AED 75 million and 261 thousand to address the debts of 158 individuals, including those convicted in financial cases and deceased insolvents.
 
Al-Sheikh highlighted that the total funds processed from the first installment to the twenty-seventh had reached an impressive one billion, 203 million, 637 thousand, and 153 dirhams, benefiting 2,501 individuals.
 
November 05, 2024 / 2:57 PM

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