Court AIFC » LUFT LIMITED v (1) BORDAI LIMITED (2) ARABA LIMITED

CASE No: AIFC-C/CFI/2025/0016

25.06.2025

Keywords

# Amalgamation

# Merger

# Corporate restructuring

# Court sanction

# Shareholder approval

# Transfer of assets and liabilities

# Dissolution of companies

# Creditors’ rights

Judges

Thomas Montagu-Smith KC

Summary

The Claimant applied for court approval of a merger (amalgamation) of three AIFC companies into one entity, Araba. The Court found that the merger was properly approved by shareholders, creditors were notified, and no objections were raised, with all companies remaining solvent. The Court sanctioned the merger, ordered the transfer of assets and liabilities, and approved the dissolution of the merging companies. Download PDF

LUFT LIMITED v (1) BORDAI LIMITED (2) ARABA LIMITED

Judgment Content