December 23, 2022 court of first instance - Orders
Claim No: CFI 043/2021
IN THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS
IN THE COURT OF FIRST INSTANCE
BETWEEN
PUNJAB NATIONAL BANK, DIFC BRANCH
Claimant
and
(1) UAE EXCHANGE CENTRE LLC
(2) MR. BAVAGUTHU RAGHURAM SHETTY
(3) MR. BINAY RAGHURAM SHETTY
Defendants
CONSENT ORDER
UPON the Default Judgment of H.E. Justice Nassir Al Nasser issued on 25 July 2022 being set aside on 7 November 2022
AND UPON the Claimant’s request seeking the parties’ agreement to consent to amend the Claim form dated 4 April 2021 to include general and penal interest per day
AND UPON the parties agreeing to extend the deadline for Claimant to serve the Particulars of Claim as a separate document instead of the Claim Form under a Consent Order
AND UPON the parties agreeing to the terms of this Consent Order
IT IS HEREBY ORDERED BY CONSENT THAT:
1. The Claim Form shall be amended to include general and penal interest per day.
2. The Claimant shall file its Particulars of Claim by 4pm GST within 28 days of receipt of the amended Claim Form from the Court and the subsequent proceedings will follow as per the Rules of the DIFC Courts.
3. There shall be no order as to costs.
Issued by:
Delvin Sumo
Assistant Registrar
Date of Issue: 23 December 2022
Time: 10:30am