November 24, 2015 court of first instance - Orders,Orders
Claim No: CFI 021/2015
THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS
IN THE COURT OF FIRST INSTANCE
BEFORE H.E. JUSTICE ALI AL MADHANI
BETWEEN
THERON ENTERTAINMENT LLC
and
MAG FINANCIAL SERVICES LLC
ORDER OF H.E. JUSTICE ALI AL MADHANI
UPON reviewing the Claimant’s Application Notice CFI 021-2015/4 dated 2 November 2015 seeking an order for the Defendant to deposit into Court original cheques and to return to the Claimant other post-dated cheques (“the Application”)
AND UPON hearing Counsel for the Claimant and Counsel for the Defendant at a hearing on 24 November 2015
AND UPON reading the relevant material in the case file
IT IS HEREBY ORDERED THAT:
1. The Defendant shall deposit into Court the original cheque dated 10 November 2015 until further direction by this Court or the determination of the substantive claim.
2. The Defendant shall return to the Claimant the following cheques dated:
(i) 10 May 2016
(ii) 10 November 2016
(iii) 10 May 2017
(iv) 10 November 2017
(v) 10 May 2018
(vi) 10 November 2018
3. The Claimant is to provide an undertaking to the Court in relation to the cheque dated 10 November 2015, in accordance with Rule 25.25 of the Rules of the DIFC Courts.
4. Costs in relation to this application are to be costs in the case.
Issued by:
Natasha Bakirci
Assistant Registrar
Date of issue: 24 November 2015
At: 4pm