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Hello. I am Ed, a Solicitor qualified in England & Wales with over a decade’s experience in the legal profession advising clients.
I specialise in Commercial Contracts, Business Transactions, Employment, Dispute Resolution, Personal Injury and Road Traffic Law and will be able to resolve your legal problem today.
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I am a solicitor qualified in England and Wales. I can advise that the limitation period to issue court proceedings for debt and breach of contract in this jurisdiction is six years from the date of the breach or the debt being incurred.
Therefore, the creditor's claim is way out of time and I recommend that you reply to them stating that you will defend any court proceedings or insolvency action as being time-barred under the Limitation Act 1980 without having to defend the claim on its substantive issues.
However, if the contract is governed by the laws of the UAE, the position may be different and therefore you will need to instruct a lawyer qualified in that jurisdiction in order to advise.
I hope this resolves your enquiry. Please revert to me if you have any further questions and I will be delighted to assist.
Otherwise, I shall be grateful if you will please mark your enquiry as “Closed” and give me a “Positive” rating in order to conclude this matter.