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CFI 005/2016 (1) Mr Rafed Abdel Mohsen Bader Al Khorafi (2) Mrs Amrah Ali Abdel Latif Al Hamad (3) Mrs Alia Mohamed Sulaiman Al Rifai v Bank Sarasin-Alpen (ME) Limited

CFI 005/2016 (1) Mr Rafed Abdel Mohsen Bader Al Khorafi (2) Mrs Amrah Ali Abdel Latif Al Hamad (3) Mrs Alia Mohamed Sulaiman Al Rifai v Bank Sarasin-Alpen (ME) Limited

December 28, 2016

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Claim No: CFI 005/2016

THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS

IN THE COURT OF FIRST INSTANCE

BEFORE H.E.  JUSTICE OMAR AL MUHAIRI

BETWEEN

(1) MR RAFED ABDEL MOHSEN BADER AL KHORAFI

(2) MRS AMRAH ALI ABDEL LATIF AL HAMAD

(3) MRS ALIA MOHAMED SULAIMAN AL RIFAI

Petitioners

and

BANK SARASIN-ALPEN (ME) LIMITED

Respondent


ORDER OF H.E. JUSTICE OMAR AL MUHAIRI


UPON reviewing the Order of H.E. Justice Omar Al Muhairi dated 2 May 2016 ordering that the Defendant be wound up under the DIFC Insolvency Law No 3 of 2009, appointing Mr Shahab Haider of Sajjad Haider Chartered Accountants LLP as the liquidator (the “Liquidator”), and granting permission to the Liquidator to apply to the Court for the fixing of the Liquidator’s remuneration

AND UPON reviewing the Defendant’s application dated 30 June 2016

IT IS HEREBY ORDERED THAT:

1.The Liquidator’s remuneration be fixed by reference to the time properly given by the Liquidator and his staff in attending to matters arising out of the liquidation.

2. The exact amount of remuneration be set by the Court upon application by the Liquidators within 2 months of each six month anniversary of this Order.

3. Further or other relief with liberty to apply.

4. The costs of and occasioned by this application be costs in the liquidation.

 

 

Issued by:

Amna Al Owais

Deputy Registrar

Date of Issue: 28 December 2016

At: 3pm

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