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Doha Events 2011
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Qatar Trade Law No 27/2006 Thursday, 17 February 2011 03:24
Provision 74
Persons who are committed to commercial debt together are responsible on the basis of solidarity, unless the law provides or there have been an agreement contrary to this.
Provision 75
The guarantee will be commercial if the guarantor is guaranteeing a commercial debt for the debtor, or the guarantor is a trader and has an interest in guaranteeing the debt, unless the law provides or there have been an agreement contrary to this.
The guarantee arises from the guarantee of the commercial securities as a reserve guarantee or through the endorsement of such securities is always a commercial guarantee.
Provision 76
In the commercial guarantee the guarantors will be in solidarity with each other and with the debtor. The creditor’s claim to one of them will not drop his right of claim to others.
Provision 77
The works and services which are related to the commercial activity of the trader and are provided to others will get the compensation.
Unless proven otherwise. This compensation will be defined in accordance with the rule. The court will define the compensation if there is no rule.
Provision 78
The loan will be commercial if the trader contracted it for his commercial matters or he aimed to use the loan in the business.
Provision 79
The court cannot give the debtor with the commercial debt a deadline to pay it completely or in installments, except in the cases provided by the law or if it is absolutely necessary provided that the creditor doesn’t face the serious harm.
Provision 80
It is not allowed to ask for the fulfillment of the commercial liabilities, except in the accepted working hours.
Provision 81
The debtor will be warned or notified in the commercial issues by a registered letter with the acknowledgment of receipt and in case of urgency; he will be warned or notified by a telegram or its substitutes.
Provision 82
The payment of the commercial debt will be valid if it has been made to a person who possesses a certificate of debt or he carries a quittance from the creditor and the debtor had the good intention.
The debtor will be with the good intention if he was unaware of the illegality of holder’s possession of the certificate of debt or the quittance.
Provision 83
The existence of the certificate of debt in the possession of the debtor will be the presumption that has no liability of the debt unless proven otherwise.
Provision 84
The creditor will not be forced to accept the implementation of the contract if he had set a deadline for its implementation and the debtor didn’t implement it during this term, unless there is agreement contrary to this.
Provision 85
If one of the contractors retained the right to terminate the contract against the payment of a certain amount, then his implementation of the obligations of the contract or acceptance of what the other contractor implements his obligations will waive the right of rescission which he retained.
Provision 86
It is permitted to prove in the commercial material of any value with all methods of proof, unless the law provides otherwise.
With the exception of the cases where the law requires the proof in the written form in the commercial material it is allowed to prove the opposite of what the written proof contained or prove beyond that evidence with the all methods of proof.
The formal papers in the commercial material are evidence against others on its date even its date had not been fixed unless the law requires the evidence of the date.
The date of the formal paper is the real date until proven otherwise with the all methods of proof.
Provision 87
The traders’ liabilities related to their commercial work before each other will become old with the passage of 10 years from the date of deadline to pay these liabilities, unless the law provides for a less period of time.
The final judgments on the disputes arising from the commercial liabilities referred to in the preceding10 ten years from the date of its issuance.
THE PENINSULA
Persons who are committed to commercial debt together are responsible on the basis of solidarity, unless the law provides or there have been an agreement contrary to this.
Provision 75
The guarantee will be commercial if the guarantor is guaranteeing a commercial debt for the debtor, or the guarantor is a trader and has an interest in guaranteeing the debt, unless the law provides or there have been an agreement contrary to this.
The guarantee arises from the guarantee of the commercial securities as a reserve guarantee or through the endorsement of such securities is always a commercial guarantee.
Provision 76
In the commercial guarantee the guarantors will be in solidarity with each other and with the debtor. The creditor’s claim to one of them will not drop his right of claim to others.
Provision 77
The works and services which are related to the commercial activity of the trader and are provided to others will get the compensation.
Unless proven otherwise. This compensation will be defined in accordance with the rule. The court will define the compensation if there is no rule.
Provision 78
The loan will be commercial if the trader contracted it for his commercial matters or he aimed to use the loan in the business.
Provision 79
The court cannot give the debtor with the commercial debt a deadline to pay it completely or in installments, except in the cases provided by the law or if it is absolutely necessary provided that the creditor doesn’t face the serious harm.
Provision 80
It is not allowed to ask for the fulfillment of the commercial liabilities, except in the accepted working hours.
Provision 81
The debtor will be warned or notified in the commercial issues by a registered letter with the acknowledgment of receipt and in case of urgency; he will be warned or notified by a telegram or its substitutes.
Provision 82
The payment of the commercial debt will be valid if it has been made to a person who possesses a certificate of debt or he carries a quittance from the creditor and the debtor had the good intention.
The debtor will be with the good intention if he was unaware of the illegality of holder’s possession of the certificate of debt or the quittance.
Provision 83
The existence of the certificate of debt in the possession of the debtor will be the presumption that has no liability of the debt unless proven otherwise.
Provision 84
The creditor will not be forced to accept the implementation of the contract if he had set a deadline for its implementation and the debtor didn’t implement it during this term, unless there is agreement contrary to this.
Provision 85
If one of the contractors retained the right to terminate the contract against the payment of a certain amount, then his implementation of the obligations of the contract or acceptance of what the other contractor implements his obligations will waive the right of rescission which he retained.
Provision 86
It is permitted to prove in the commercial material of any value with all methods of proof, unless the law provides otherwise.
With the exception of the cases where the law requires the proof in the written form in the commercial material it is allowed to prove the opposite of what the written proof contained or prove beyond that evidence with the all methods of proof.
The formal papers in the commercial material are evidence against others on its date even its date had not been fixed unless the law requires the evidence of the date.
The date of the formal paper is the real date until proven otherwise with the all methods of proof.
Provision 87
The traders’ liabilities related to their commercial work before each other will become old with the passage of 10 years from the date of deadline to pay these liabilities, unless the law provides for a less period of time.
The final judgments on the disputes arising from the commercial liabilities referred to in the preceding10 ten years from the date of its issuance.
THE PENINSULA