Dubai sets up judicial committee to liquidate cancelled projects | GulfNews.com:
"His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai on Monday issued a decree to set up a judicial committee to liquidate cancelled real estate projects in Dubai.
The committee will provide settlements after the liquidation expenses are deducted. It will also be tasked with resolving grievances, operational procedures or other issues related to scrapped projects.
The committee’s decisions and rulings will be carried out through Dubai Courts. All rulings issued by the committee will be final and cannot be appealed."
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