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CFI 042/2016 Arden Forestry Management Limited vs Noor Bank PJSC

CFI 042/2016 Arden Forestry Management Limited vs Noor Bank PJSC

July 23, 2018

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Claim No. CFI-042-2016

THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS

IN THE COURT OF FIRST INSTANCE

BEFORE JUSTICE ALI AL MADHANI

BETWEEN

ARDEN FORESTRY MANAGEMENT LIMITED
(IN LIQUIDATION)

                                                                                                  Applicant

and

NOOR BANK PJSC

Respondent


AMENDED ORDER OF H.E. JUSTICE ALI AL MADHANI


UPON READING the Third Affidavit of Declan De Lacy

AND UPON the application of the Claimant

IT IS HEREBY DECLARED THAT:

1. The Liquidator of the Claimant, Mr. Declan De Lacy, is the sole director and shareholder of GTD International

IT IS FURTHER ORDERED THAT:

2. The Freezing Order of 5 November 2016 (as varied by the Order of 17 November 2016) be discharged.

3. The Respondent transfer sums standing to the accounts of GTD International Limited, namely account numbers 00110776730059, 00110776730016 and 00110776730038 to Mr Declan De Lacy as the sole director and shareholder of the company and/or in his capacity as the Liquidator of the company.

4. The reasonable costs of the Respondent in complying with the terms of the Order of 5 November 2016 (as varied by the Order of 17 November 2016) be paid by the Claimant to the Defendant, such costs to be assessed if not agreed.

 

                                                                  Issued by:

Ayesha Bin Kalban

Assistant Registrar

Date of issue: 11 July 2018

Date of reissue: 23 July 2018

Time: 2pm

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