DIFC Courts

CFI 013/2010 - Order

June 28, 2010 court of first instance - Orders,Orders

Claim No: CFI 013/2010

 

THE JUDICIAL AUTHORITY OF THE DUBAI INTERNATIONAL FINANCIAL CENTRE

 

IN THE COURT OF FIRST INSTANCE

 

BETWEEN

 

DR ALFRED WIEDERKEHR & DR GEORG WIEDERKEHRApplicants
and

 

DIWAN CAPITAL LTD

Respondent

 

 

ORDER OF JUSTICE SIR JOHN CHADWICK MADE ON 23 JUNE 2010

 

UPON hearing Dr Gordian Gaeta representing the Applicants

 

AND UPON hearing Mr Richard Bushman, CEO of Diwan Capital Ltd representing the Respondent

 

IT IS ORDERED AND DIRECTED THAT:

 

1. This application is adjourned to the first convenient date on or after 4 July 2010.

 

2. At the adjourned hearing, the applicants shall—if they are able to do so—put before the Court a nomination of their proposed Liquidator with a written consent from that Liquidator to act.

 

3. Subject to any opposition to the Liquidator proposed by the applicants, the appointment may be made by the Registrar; unless he takes the view that the matter should be brought before a Judge.

 

4. The applicants are to give notice of the adjourned hearing to the other shareholders in the Company with the name of the proposed Liquidator as soon as it is known.

 

5. If all parties consent, then the appointment can be made at a date earlier than 4 July 2010.

 

Amna Alowais

Deputy Registrar

Date of Issue: 28 June 2010

At: 10am