Stocks missing and payments defaulted; Naiise vendors prepare for loss msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Monday, 12 Apr 2021 09:20 AM MYT
Bare mannequins and empty racks were seen at the Jewel Changi Airport outlet of retailer Naiise on April 9, 2021 ahead of its closure two days later. TODAY pic
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SINGAPORE, April 12 Homegrown store Naiise, known for selling products such as clothing and shoes by Singapore designers, closed its last physical store at Jewel Changi Airport yesterday. Vendors told
TODAY that they are owed up to S$10,000 (RM30,815) in some cases by the retailer.
In response to queries from
TODAY, its founder Dennis Tay said that Naiise “never recovered” from the Covid-19 crisis and, consequently, has struggled to pay vendors.
The Fiji Times » High Court dismisses case against Ashwin Raj fijitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fijitimes.com Daily Mail and Mail on Sunday newspapers.
DUBAI: The DIFC Courts’ Small Claims Tribunal (SCT) recorded 466 cases, 51% related to breach of contract, it was announced on Monday.
Established in 2004 and based on the English-language common law system, the courts’ jurisdiction was expanded in 2011 to include all businesses from all GCC countries and beyond.
The number of cases at the main Court of First Instance rose last year by 41 percent, while the total value of claims increased 72 percent to AED9.95 billion ($2.71 billion), with the average claim across cases amounting to AED86.3 million. The cases covered a wide range of sectors, including banking and finance, construction, and real estate.
A state company has failed in its bid to overturn a tribunal decision that awarded a former dockyard worker the set-off sum of €175 - plus interest - after considering two opposing allowance claims.
Resource Support and Services Ltd had filed proceedings before the Small Claims Tribunal seeking reimbursement of €3,573.51 plus interest, paid to Lawrence Attard Bezzina, a former dockyard worker transferred to its predecessor, Industrial Projects and Services Ltd (IPSL) back in 2003.
For the following 12 years, the employee had been seconded to various government departments, being assigned duties that fell beyond his civil service grade.
By virtue of an agreement signed in 2003, employees assigned duties above their grade were entitled to the difference in salary so as to be placed at par with fellow civil servants performing equal work.