March 02, 2022 Court of Appeal - Orders
Claim No: CA 006/2020
THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS
IN THE COURT OF FIRST INSTANCE
BETWEEN
AL RIHAB REAL ESTATE COMPANY LLC
Appellant
and
EMIRATES NBD BANK PJSC
Respondent
ORDER OF THE REGISTRAR NOUR HINEIDI
UPON the Order of the Registrar Nour Hineidi issued on 23 December 2021 ordering for 50% of the Appellant’s costs to be paid on account, in the amount of AED [insert]
AND UPON the amount of AED 1,581,957.31 being transferred to the DIFC Courts’ Escrow Account by the Appellant by virtue of the Order of The Court of Appeal dated 11 October 2020 granting the Respondent’s Security Application.
IT IS HEREBY ORDERED THAT:
1. The amount of AED 1,581,957.31 held in the DIFC Courts’ Escrow Account shall immediately be paid out to the Appellant.
2. The Respondent’s banking details are set out in Schedule A and B of this Order.
Issued by:
Nour Hineidi
Registrar
Date of Issue: 2 March 2022
At: 10am