Our attention has been drawn to various statements by GLICO General Insurance Limited (“GLICO”) accusing NDK Financial Services Limited (“NDK”) of unlawfully and mischievously attaching some of its properties.
NDK’s actions on the said Thursday, 8th March 2018 were pursuant to the orders of the Court. NDK took legal action against GLICO. This case was tried and heard on its merit and final judgment was delivered in favour of NDK. NDK went into execution against GLICO to enforce the judgment.
Consequently, the attachment of the properties of GLICO was neither mischievous nor unlawful.
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