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5 Ct. Uncourt 1 (2018)
Issue 12

handle is hein.journals/counco5 and id is 457 raw text is: Contents DFSA Regulations on Cross Border Crowd Funding Sruthi Konnangath Panorama of Custom Duties in India Part II Saddam Hussein 0 Legalities of using Virtual Private Networks Ftima Al Sakkaf and Slayde Baker Good Samaritan Law AbdelGhanyandAbdullah Qazi page 15 A Guide to Saudi Employment Law Slayde Baker page 31 Dispute Resolution Procedure in UAE - B32B Procedure George S KandAbdullah Qazi Pay-when-Paid and Pay-if-Paid- UAE Perspective George SK Recent Development in Abu Dhabi Health Sector JayS and Luma Ghaleb page 39 Decentralised Autonomous Organisations Vidur Dhawan Mersin Free Trade Zone STA Company Formation Team et us consider a situation, where a contractor takes up a project for 100 villas from a client, and subsequentlyt hires a subcontractor to work on 20 villas. However, upon completion of the project, the client refuses to make the payments on time, while the sub-contractor demands payment for the work done by him. In such a situation, the contractor would be forced to make the payment to the sub-contractor out of his own pocket. This is where the Pay-when-Paid clause comes into play. Under this clause, the contractor is not required to pay the sub-contractor, unless and until, the contractor receives the payment from the client. The Pay-when-Paid clause usually refers to the period within which a general contractor is required to pay a sub-contractor. This clause also guarantees the protection of the interest of the subcontractor, where the contractor has to clear the payments within a reasonable time, irrespective of whether the client makes the payments or not. Without such a guarantee, the clause would be unenforceable and would be equivalent to Pay-if-Paid. Therefore, Pay-if-Paid and Pay-when-Paid clauses are mechanisms adopted bythe contractors to secure their interests in a construction project and to ensure clarity with regards to payment within the concerned contract. In this issue of Court o, our lawyers will elaborate on the broad range of legal matters including Pay-when-Paid and Pay-if-Paid in the UAE, DFSA Regulations on Crowdfunding, B2B Dispute Resolution Procedure in the UAE, Good Samaritan Law, Customs Duty in India, Develop- ments in Abu Dhabi Health Sector, and Mersin Free Trade Zone. Through this information outlet, we intend to keep our readers updated on the latest legal developments around the world. Thank you, and we hope you have an insightful read of this issue of Court Uncourt. Our Offices: ADGM (Abu Dhabi) I Bahrain I Delhi I Doha I Dubai | Lisbon I London I Luxembourg I Moscow I Ras Al Khaimah ( Sharjah

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