June 15, 2020 court of first instance - Orders
Claim No: CFI 045/2019
THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS
IN THE COURT OF FIRST INSTANCE
BETWEEN
INDUS INTERNATIONAL FZC
and
INDUS THERMAL LLC
CONSENT ORDER
UPON the parties having agreed terms through their respective solicitors
BY CONSENT IT IS ORDERED THAT:
1. The stay of the proceedings put in place by orders of the Court dated 2 January 2020, 2 April 2020 and 21 April 2020, which stayed the proceedings until 15 May 2020 (to enable the parties to attend a mediation), shall be extended to 15 July 2020 to enable the parties to continue the mediation process.
2. For the duration of the stay, all deadlines in the proceedings will remain on hold.
3. The parties shall notify the Court in writing at the end of that period whether settlement has been reached and the parties shall at the same time lodge either:
(a) in the event settlement is reached - a draft Consent Order signed by all parties; or
(b) in the event settlement is not reached - a statement of agreed directions signed by all parties.
4. In the absence of agreed directions, the parties will seek directions from the Registry.
5. Either party shall be at liberty to apply to lift the stay prior to 15 July 2020.
6. No order as to costs.
Issued by:
Nour Hineidi
Date of issue: 15 June 2020
Time: 12.30pm
