May 27, 2024 COURT OF FIRST INSTANCE - ORDERS
Claim No: CFI 046/2023
ENF 022/2023
ENF 023/2023
IN THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS
IN THE COURT OF FIRST INSTANCE
BETWEEN
GTC TRADING SA
Claimant
and
(1) HAZEM ABDOLSHAHID MAHMOUDI RASHED
(2) H.M.R INVESTMENT HOLDING LIMITED
Defendants/Applicants
ORDER OF JUSTICE SIR JEREMY COOKE
UPON reviewing the First Defendant’s Application Notice CFI-046-2023/2 dated 23 May 2024 seeking an order to stay all proceedings associated with ENF-022-2023, ENF-023-2023, and CFI046-2023, and to grant an extension of time for the hearing scheduled on 28 May 2024 (the “Application”)
AND UPON reviewing the parties’ email correspondence with the Registry dated 24 and 27 May 2024
IT IS HEREBY ORDERED THAT:
1. The Application is dismissed.
2. Costs shall be reserved.
Issued by:
Hayley Norton
Assistant Registrar
Date of issue: 27 May 2024
At: 2pm
