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Collection Work

Collection Work

Collection Work

ALO extensively supports and advises its clients with both initiating and defending proceedings under the Companies Act, Code of Criminal Procedure, including filing and defending various civil recovery suits, criminal prosecutions and insolvency and winding-up proceedings. ALO advises Companies in recovering their property. The firm assists in forming and applying alternative legal models for successfully implementing recovery policies in case of default by customers in loan repayments or dishonour of cheques issued by them.

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Asia Law Offices advised a major transnational strategic collaboration between its client, UAE-Based Pharmax Pharmaceuticals, and Swiss pharma major Acino Pharmaceuticals.

ALO represented Pharmax in the structuring and closure of entire transaction documents of the significant collaboration.

The collaboration framework extends to licensing, manufacturing, and supply of Acino formulations within the gastroenterology and the cardiovascular space throughout the Middle East and Africa.