What is the law, if the convicted person has no money to pay compensation as per court verdict ??
I owned a restaurant in Qatar.I entered in to a deal with a group of people to sell the restaurant. Thay gave 10% advance of the sale value.And with out an agreement I started the transfer process. All documents were prepared, and the buyers appeared in the Ministry of Business and Signed transfer documents.
One day before the final trnasfer they turned back and refused the deal. The buyers were all expatriates, we were adding their names in the new CR.
We have ministry attested documents signed by the buyers agreeing the transfer.
What is the law for compensation ? What if the guilty people has no money to pay the compensation if the court decides ?
Please give an expert reply.
Thank you very much.
You said One day BEFORE the transfer rt ? ... so the transfer didnt take place. If buyer has money to proceed with the deal, they can lose the 10% advance made; you find a new buyer !
(check law points, if any, with lawyers pls)
You should consult a Legal Advisor or an Lawyer who is familiar with the laws of Qatar.