November 26, 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 Defendants’ claim against the Third Party made by way of the Defendants’ Claim Form and Particulars of Additional Claim dated 28 September 2022 (the “Additional Claim”)
AND UPON the Third Party’s Defence to the Additional Claim dated 25 November 2022
AND UPON the Defendants and the Third Party agreeing that the Additional Claim shall be discontinued
AND UPON paragraph 1 of the agreed order signed by the Defendants and Third Party provided to the Registry on 22 November 2024 (the “Agreed Order”) requiring the Defendants to file and serve a Notice of Discontinuance in respect of the Additional Claim by 25 November 2024 (the “Notice of Discontinuance”)
AND UPON the Defendants filing and serving the Notice of Discontinuance on 22 November 2024 by way of their email to the Registry in accordance with paragraph 2 of the Agreed Order (the “Discontinuance”) and the parties awaiting a sealed version of the Agreed Order from the Court Registry
AND UPON the Consent Order dated 27 July 2022, the Amended Consent Orders dated 21 December 2022, 28 April 2023 and 30 May 2023, and the Consent Orders dated 6 June 2023 and 30 August 2024
AND UPON the agreement of the parties as to the terms of this consent order
IT IS HEREBY ORDERED BY CONSENT THAT:
1. To allow the parties to pursue a resolution of the matters in dispute, the proceedings are stayed until 20 December 2024 (the “Stay”).
2. The deadline for filing and service of the Claimant's Reply and Defence to Counterclaim is extended until 4pm (GST) on 23 December 2024.
3. The Defendants need not file a Reply to the Third Party's Defence to the Additional Claim in view of the Discontinuance.
4. During the period of the Stay, the Defendants undertake to immediately notify the Claimant 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 ItalConsult on 26 February 2018 (Policy No. P/01/6005/2018/4).
5. Costs shall be reserved.
6. The parties shall have liberty to apply.
Issued by:
Delvin Sumo
Assistant Registrar
Date of Issue: 26 November 2024
At: 12pm
