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Execution Management: Selling 58 heavy vehicles to a contracting company for creditors

Sahoud Law Firm and Legal Consultants, Central Lawyers in Kuwait > Kuwait News  > Execution Management: Selling 58 heavy vehicles to a contracting company for creditors

Execution Management: Selling 58 heavy vehicles to a contracting company for creditors

The General Administration of Execution revealed the sale of 58 heavy vehicles owned by a contracting company, in favor of a number of creditor companies.
The administration added that due to the large number of vehicles and the difficulty of transferring them to the building sales in the administration, it was agreed with the creditors to allocate a space in the area Arifjan to deposit cars and sell.

She pointed out the presence of large numbers of buyers and sold all the cars on Wednesday, confirming that the total amount of the sale amounted to 528300 «five hundred and twenty-three thousand and three hundred dinars», indicating that it was paid immediately from buyers on the road Kienit according to the conditions of management.

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