Claim No. CFI 005/2016

THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS

in the DIFC court of first instance

BETWEEN

 

SHAHAB HAIDER OF SAJJAD HAIDER CHARTERED ACCOUNTANTS LLP 

Liquidator/Applicant

and

SARASIN ALPEN PARTNERS LTD (A SUBSIDIARY OF BANK SARASIN ALPEN ME LTD CURRENTLY IN LIQUIDATION) 

Respondent


ORDER OF H.E. JUSTICE OMAR AL MUHAIRI


UPON reviewing the Liquidator’s Application Notice dated 29 May 2017 seeking a Court order to wind up Sarasin Alpen Partners Limited

AND UPON reviewing the Affidavit of Shahab Haider in support of the Liquidator’s Application dated 29 May 2017

AND UPON the Order with reasons of H.E. Justice Omar Al Muhairi dated 2 May 2016

IT IS HEREBY ORDERED THAT:

1.Sarasin Alpen Partners Limited be wound up pursuant to Articles 50(b) and 50(e) of the DIFC Insolvency Law No. 3 of 2009 and Regulation 5.2.1 of the DIFC Insolvency Regulations 2009.

2. Mr Shahab Haider of Sajjad Haider Chartered Accountants LLP, Dubai International Financial Centre, Gate Village 7, Suite No. 205, 2nd Floor, PO Box 3251, Dubai, United Arab Emirates be appointed as the Liquidator of Sarasin Alpen Partners Limited pursuant to Article 58 of the DIFC Insolvency Law.

3. Mr Shahab Haider of Sajjad Haider Chartered Accountants LLP, Dubai International Financial Centre, Gate Village 7, Suite No. 205, 2nd Floor, PO Box 3251, Dubai, United Arab Emirates as Liquidator, shall be granted the powers as set out in Schedule 3 of the DIFC Insolvency Law.

4. The costs of the winding-up petition be paid as an expense of the liquidation.

5. This Order shall be served on the parties.

6. Liberty to apply.

Issued by:

Natasha Bakirci

Assistant Registrar

Date of Issue: 12 June 2017

At: 2pm