September 12, 2021 court of first instance - Orders
Claim No. CFI 020/2020
THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS
IN THE COURT OF FIRST INSTANCE
BETWEEN
(1) ECOBANK NIGERIA LIMITED
(2) ETI SPECIALIZED FINANCE COMPANY LLC
(3) EBI SA
Claimants
and
ESSAR PROJECTS LIMITED
Defendant
CONSENT ORDER
UPON the parties having agreed terms of settlement as set out in the Settlement Agreement at Schedule 1 to this order
IT IS HEREBY ORDERED BY CONSENT THAT:
1. These proceedings be stayed.
2. Each party shall have permission to apply to enforce those terms in the Settlement Agreement dated 2 September 2021, without the need to bring a new claim.
3. No order as to costs.
4. Liberty to apply.
Issued by:
Nour Hineidi
Registrar
Date of issue: 12 September 2021
At: 12.30pm
SCHEDULE 1
The parties have agreed terms of settlement on the terms set out in a confidential Settlement Agreement dated 2 September 2021, a copy of which is held by the parties and their counsels.
