Skip to Content

CA 004/2011 – Order

CA 004/2011 – Order

January 24, 2012

image_pdfimage_print

CA 004/2011

THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS

IN THE COURT OF APPEAL

CHIEF JUSTICE MICHAEL HWANG
JUSTICE SIR JOHN CHADWICK
H.E. JUSTICE OMAR AL MUHAIRI

IN THE MATTER OF ORION HOLDINGS OVERSEAS LIMITED (in liquidation)

BETWEEN

SHAHAB HAIDER (Liquidator of Orion Holding Overseas Limited) Applicant
-and-

ERNST & YOUNG MIDDLE EAST

Respondent

ORDER

UPON the application (No. 45/2011) of the Liquidator of Orion Holdings Overseas Limited (“Liquidator”)

AND UPON hearing Counsel for the Liquidator of Orion Holdings Overseas Limited (“Orion”) and Counsel for Ernst & Young Middle East (Dubai Branch) (“E&Y”)

IT IS ORDERED THAT:

1. Pursuant to Article 96 of the DIFC Insolvency Law No. 3 of 2009, E&Y shall give to the Liquidator as soon as practicable and in any event by 4pm on 5 February 2012 all documents, working papers, electronic records and information however recorded that they have in their possession and control relating to Diwan Capital Limited, that have not already been provided.

 

2. The Parties to endeavour to reach agreement, in principle only, as to the costs to be awarded in these proceedings by 4pm on 12 February 2012 failing such agreement, the parties to file and serve written submissions, in principle only, as to the costs to be awarded in the proceedings. Those submissions to be determined by the Court of Appeal without a hearing, unless either party requests an oral hearing.

Issued by
Amna Al Owais
Deputy Registrar
Date of Issue: 24 January 2012
At: 11am

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.