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CFI-020-2015 (1)Mohammad Bin Hamad Abdul-Karim Al-Mojil (2)Adel Bin Mohammad Bin Hamad Al-Mojil v Protiviti Member Firm (Middle East) Limited

CFI-020-2015 (1)Mohammad Bin Hamad Abdul-Karim Al-Mojil (2)Adel Bin Mohammad Bin Hamad Al-Mojil v Protiviti Member Firm (Middle East) Limited

November 7, 2017

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Claim No: CFI-020-2015

THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS

IN THE COURT OF FIRST INSTANCE
BETWEEN

(1) MOHAMMAD BIN HAMAD ABDUL-KARIM AL-MOJIL
(2) ADEL BIN MOHAMMAD BIN HAMAD AL-MOJIL

Claimants

and
PROTIVITI MEMBER FIRM (MIDDLE EAST) LIMITED

Defendant


CONSENT ORDER


UPON the Claimants having made an open offer for security for costs by way of letter dated 24 September 2017

AND UPON the Defendant having accepted the Claimants’ offer by letter dated 5 October 2017

AND UPON the Claimants having subsequently agreed further matters in relation to the provision of security for costs by way of letter dated 17 October 2017

AND UPON the Parties having subsequently agreed further matters in relation to the provision of security for costs by way of further correspondence

IT IS HEREBY ORDERED BY CONSENT THAT:

1. The Claimants shall pay the sum of AED 7,350,000 (the “Security Amount”) into the DIFC Courts by way of security for the Defendant’s costs in three tranches:

(a) AED 3,675,000 within 3 working days of the issuance of this consent order by the Court;

(b) AED 1,837,500 on 15 January 2018; and

(c) AED 1,837,500 on 15 April 2018.

2. The Defendant accepts the provision by the Claimants of the Security Amount in accordance with the terms set out herein as being sufficient security for all of the Defendant’s costs in the proceedings and shall not make an application for any further security for costs pending the final determination of these proceedings.

3. The parties are at liberty to apply to the DIFC Court in respect of implementation and/ or enforcement of this order.

4. There be no order as to costs.

Issued by:

Lema Hatim

Assistant Registrar

Date of issue: 5 November 2017

At: 2pm

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