DIFC Courts

CFI 014/2010 Taaleem P.J.S.C. v (1) National Bonds Corporation P.J.S.C. and (2) Deyaar Development P.J.S.C.

July 02, 2015 court of first instance - Orders,Orders

Claim No: CFI 014/2010

THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS

 

IN THE COURT OF FIRST INSTANCE

BETWEEN

TAALEEM P.J.S.C.

                                                                              Claimant

and

(1) NATIONAL BONDS CORPORATION P.J.S.C.

First Defendant

(2) DEYAAR DEVELOPMENT P.J.S.C.

Second Defendant

  ORDER OF REGISTRAR MARK BEER

UPON the Orders of Justice Sir David Steel dated 23 March and 27 April 2015

AND UPON reviewing the Claimant’s Application dated 20 May 2015 seeking an order that the Second Defendant make an interim payment of USD 1,400,000 representing approximately 50% of the Claimant’s costs

IT IS HEREBY ORDERED THAT:

  1. The Second Defendant shall, within 14 days of the date of this Order, make an interim payment on account of costs incurred up to 29 April 2015 to the Claimant in the sum of USD 1,400,000.

  2. The Second Defendant shall pay the Claimant’s costs of this application on the standard basis to be assessed if not agreed.

Issued by:

Mark Beer

Registrar

Date of issue: 2 July 2015

At: 2pm