February 11, 2021 court of first instance - Orders
Claim No. CFI 061/2020
THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS
IN THE COURT OF FIRST INSTANCE
BETWEEN
BARCLAYS BANK PLC
Applicant/Claimant
and
BAVAGUTHU RAGHURAM SHETTY
Respondent/Defendant
ORDER OF JUSTICE WAYNE MARTIN
UPON the Applicant’s application by notice dated 26 October 2020 for immediate judgment against the Respondent (the “Application”)
AND UPON the Application relating, among other matters, to an agreement on the terms of the International Swaps and Derivatives Association (“ISDA”) 2002 Master Agreement entered into between the Applicant and UAE Exchange Centre LLC (“UAE Exchange”) dated 3 August 2012
AND UPON hearing leading counsel for the Applicant and counsel for the Respondent at the hearing of the Application on 24 January 2021
AND UPON the Court reserving judgment
IT IS HEREBY ORDERED THAT:
1. The Applicant shall file and serve evidence addressing whether there is an extant full copy of the ISDA 2002 Master Agreement entered into between the Applicant and UAE Exchange dated 3 August 2012, by 4pm on 1 February 2021.
2. The Respondent shall file evidence and / or written submissions on the issue of the ISDA 2002 Master Agreement referred to in paragraph 1 of this Order by 4pm on 8 February 2021.
Issued by:
Nour Hineidi
Registrar
Date of issue: 11 February 2021
At:3pm
