Skip to Content

CFI 003/2008 – Interim Order

CFI 003/2008 – Interim Order

August 26, 2009

image_pdfimage_print

Claim No: CFI 003/2008

THE JUDICIAL AUTHORITY OF THE DUBAI INTERNATIONAL FINANCIAL CENTRE

IN THE COURT OF FIRST INSTANCE

Before the Honourable Michael Hwang, Deputy Chief Justice, on 21st October 2008

Between

DR. URS RECHSTEINER Claimant
andDIWAN CAPITAL LIMITED Defendant

 

INTERIM ORDER OF JUSTICE SIR JOHN CHADWICK

UPON the application of the Defendant dated 20 July 2009

AND UPON hearing Counsel for the Defendant and Counsel for the Claimant

 

IT IS ORDERED THAT:

1. The Claimant give security for the Defendant’s further costs of these proceedings down to (and including) the first Case Management Conference in the sum of US$50,000; such security to be provided by 4pm on 2 September 2009 by payment of the said sum into Court or in such other form (if any) as may be agreed by the Defendant.

2. Should the Claimant not provide the security as ordered:

(A) the claim be struck out without further order; and
(B) the Claimant be ordered to pay the Defendant’s costs incurred in relation to the claim, to be assessed.

 

3. The Defendant shall be at liberty to apply for security for further costs at or from time to time after the first Case Management Conference.

 

4. The Claimant shall pay the Defendant’s costs of this application, to be assessed.

 

Mark Beer
Registrar
Date of Issue: 26 August 2009
At: 11.30am

X

Privacy Policy

The Dispute Resolution Authority and all its affiliates are committed to preserve the confidentiality, integrity and availability of client data and personal information.

Dispute Resolution Authority and all its affiliates employees, vendors, contract workers, shall follow Information Security Management System in all the processes and technology.

  1. DRA's Top Management is committed to secure information of all our interested parties.
  2. Information security controls the policies, processes, and measures that are implemented by DRA in order to mitigate risks to an acceptable level, and to maximize opportunities in order to achieve its information security objectives.
  3. DRA and all its affiliates shall adopt a systematic approach to risk assessment and risk treatment.
  4. DRA is committed to provide information security awareness among team members and evaluate the competency of all its employees.
  5. DRA and all its affiliates shall protect personal information held by them in all its form.
  6. DRA and all its affiliates shall comply with all regulatory, legal and contractual requirements.
  7. DRA and all its affiliates shall provide a comprehensive Business Continuity Plan encompassing the locations within the scope of the ISMS.
  8. Information shall be made available to authorised persons as and when required.
  9. DRA’s Top Management is committed towards continual improvement in information security in all our processes through regular review of our information security management system.