ΕΔΑΔ: Καταδίκη Τουρκίας με θετικά-αρνητικά σημεία

Specific performance — the remedy compelling a party to fulfill their contractual obligations — sits at the intersection of law and conscience. In Cyprus, it draws life from both equity and statute, most notably through the Sale of Immovable Property (Specific Performance) Law of 2011 (Law 81(I)/2011). Understanding the remedy’s role, limitations, and procedural requirements is essential, particularly in the real estate sector, where monetary damages may fall far short of justice.

In Cyprus, maintaining accurate company registers is a cornerstone of corporate governance under the Companies Law, Cap. 113. Companies are legally obliged to keep updated records of members, directors, and secretaries at their registered office and to notify the Registrar of Companies of any changes within strict deadlines. Failure to comply can lead to fines, legal disputes, or the invalidation of unregistered changes.

In a recent case handled by our firm, Phoebus, Christos Clerides & Associates LLC, we successfully defended a claim involving an alleged personal loan between two individuals who shared a close familial bond. While the transfer of funds was not disputed, the core legal question was whether the money constituted a repayable loan — or a non-repayable gift.