July 25, 2022 COURT OF FIRST INSTANCE - ORDERS
Claim No: CFI 025/2020
THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS
IN THE COURT OF FIRST INSTANCE
BETWEEN
UNION BANK OF INDIA (DIFC BRANCH)
Claimant
and
(1) VELOCITY INDUSTRIES LLC
(2) VELOCITY VENTURE LTD.
(3) UMAKU TRADE INVEST LIMITED
(4) VIJEY KAPOOR
(5) RAVI KUCHIMANKI
(6) RAJINDER MAKHIJANI
(7) PARAG GUPTA
(8) DEVIKA SWATI
Defendants
ORDER WITH REASONS OF JUSTICE LORD ANGUS GLENNIE
UPON the Claimant’s legal opinion filed on 16 June 2022 following a partial trial in this matter held between 30 May 2022 to 3 June 2022 (the “Claimant’s Legal Opinion”)
AND UPON reading D6-D8’s legal representative letter dated 21 June 2022 requesting that the Registry impose on the Claimant a late filing fee on late submission of the Claimant’s Legal Opinion in addition to requesting that the Pre Trial-Review be re-listed to for the purpose of determining the VCF Issue (the “Letter”)
AND UPON the Registrar imposing a late filing fee on the Claimant with relation to the late filing of the Claimant’s Legal Opinion on 28 June 2022
AND UPON reading D6-D8 email of 21 July 2022 and the Claimant’s email in response of 22 July 2022 sent to the Registry
IT IS HEREBY ORDERED THAT:
1. The Claimant’s Legal Opinion is allowed.
2. D6-D8 (and any other Defendants who feel so inclined) are to file their submissions and/or an opinion in answer to the Claimant’s Legal Opinion by 4pm on Friday, 12 August 2022.
Issued by:
Nour Hineidi
Registrar
Date of Issue: 25 July 2022
At: 9am
SCHEDULE OF REASONS
1. I note that the Claimant's Legal Opinion was filed out of time. Notwithstanding that, I propose to allow it to be received and filed.
2. I should make it clear that I am not encouraging further submissions or evidence on the VCF issue, but will take into account anything received by 4pm on Friday 12 August 2022. Anything submitted after that deadline relating to this issue will not be permitted to be filed and will not be taken into account.
3. If parties wish to address me on the VCF issue, they may do so along with all other issues in their final submissions at the end of the trial. I will rule on the VCF issue, if it remains a live issue, in my judgment thereafter.
