October 18, 2022 COURT OF FIRST INSTANCE - ORDERS
Claim No. CFI 080/2018
THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS
IN THE COURT OF FIRST INSTANCE
BETWEEN
MUZOON HOLDING LLC
Claimant
and
ARIF NAQVI
Defendant
CONSENT ORDER
UPON paragraph 3 of the Judgment of Justice Sir Jeremy Cooke dated 5 October 2022 (the “Judgment”) setting out timelines for the agreement and submissions in relation to the issue of costs
AND UPON the aforesaid timeline for agreement on the issue of costs being extended until 17 October 2022 by way of a Consent Order dated 13 October 2022
AND UPON the consent of the parties
IT IS HEREBY ORDERED BY CONSENT THAT:
1. The Claimant shall pay the Defendant a sum of AED 525,000 in full settlement of the Defendant’s costs in this case. Specifically, this full settlement shall include the following orders and judgments:
a) The Order of Justice Roger Giles on the Defendant’s Application to Set Aside Default Judgment, dated 1 July 2021;
b) The Judgment of Justice Roger Giles on Jurisdictional Challenges raised by the Defendant, dated 28 October 2021; and
c) The Judgment of Justice Sir Jeremy Cooke, issued on 5 October 2022.
2. The aforesaid payment shall be paid on or before 30 October 2022.
3. There shall be no order as to costs.
Issued by:
Delvin Sumo
Assistant Registrar
Date of Issue: 18 October 2022
At: 2pm