DIFC Courts

CFI 048/2017 Sunteck Lifestyles Limited v (1) Al Tamimi & Company Limited (2) Grand Valley General Trading LLC

December 17, 2024 COURT OF FIRST INSTANCE - ORDERS

Claim No: CFI 048/2017

IN THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURT

IN THE COURT OF FIRST INSTANCE

BETWEEN

SUNTECK LIFESTYLES LIMITED

Claimant

and

(1) AL TAMIMI & COMPANY LIMITED
(2) GRAND VALLEY GENERAL TRADING LLC

Defendants

CONSENT ORDER

UPON the Part 8 Claim Form issued on 21 October 2017

AND UPON the parties having agreed to the terms of this Consent Order

IT IS HEREBY ORDERED THAT:

1. The Claim is withdrawn and hereby closed on the basis that the parties have agreed to settle their dispute and release and forever discharge all actions and claims that each party has against the other party in relation to the Claim

2. The First Defendant shall close the escrow account and release the escrow shares to the Claimant.

3. There shall be no order as to costs.

Issued by:
Hayley Norton
Assistant Registrar
Date of issue: 17 December 2024
At: 3pm