August 30, 2024 court of first instance - Orders
Claim No. CFI 009/2022
THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS
IN THE COURT OF FIRST INSTANCE
BETWEEN
QATAR REINSURANCE COMPANY LIMITED
Claimant
and
(1) ORIENT INSUANRANCE PJSC
(2) ORIENT UNB TAKAFUL
Defendants
and
FENCHURCH FARIS LIMITED
Third Party
CONSENT ORDER
UPON reviewing the Court file
AND UPON the Consent Order dated 27 July 2022
AND UPON the Amended Consent Orders dated 21 December 2022, 28 April 2023 and 30 May 2023
AND UPON the Consent Order 6 June 2023
AND UPON the parties agreeing to the terms of this Consent Order
IT IS HEREBY ORDERED BY CONSENT THAT:
1. The parties shall pursue a resolution of the matters in dispute, the proceedings are hereby stayed until 25 November 2024 (the “Stay”).
2. The deadline for filing and service of the Claimant’s Reply and Defence to Counterclaim and the Defendant’s Reply to the Third Party’s Defence to the Additional Claim is extended until 4pm (GST) on 26 November 2024.
3. During the period of the Stay, the First and Second Defendants undertake to immediately notify the Claimant and the Third Party in relation to any actual, threatened or anticipated litigation or arbitration proceedings or claims made under or in relation to the policy issued by the First Defendant to ltalConsult on 26 February 2018 (Policy No. P/01/6005/2018/4).
4. Costs shall be reserved.
5. Parties shall have liberty to apply.
Issued by:
Hayley Norton
Assistant Registrar
Date of Issue: 30 August 2024
Time: 11am
