Light at the end of TID’s debt-restructuring tunnel

Adnan Al-Musallam, chairman of The Investment Dar (TID), fought off any attempt from the last two years from some creditors to put TID under administration or declare it bankrupt.
On June 2, 2011, the Islamic investment company was admitted under the FSL following the approval of the restructuring plan, which was submitted by the company to Kuwait’s Special Circuit Court of Appeal on May 5, 2011.

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