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CFI 045/2017 Actina FZCO vs Standard Chartered Bank

CFI 045/2017 Actina FZCO vs Standard Chartered Bank

October 10, 2018

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Claim No. CFI 045-2017

THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS

IN THE COURT OF FIRST INSTANCE

BETWEEN

ACTINA FZCO

Claimant

and

STANDARD CHARTERED BANK

Defendant


CONSENT ORDER


UPON the Order of the Court of Appeal dated 5 September 2018 issued in the case CA-008-2018 (the “Previous Order”) which provides (among other things) that the Claimant shall file an application to amend the Particulars of Claim by 4pm on 3 October 2018 and for the Claimant to pay the Defendant costs of the appeal of the immediate judgment/strike out application (CA-008-2018) on the standard basis

AND UPON the Notice of Discontinuance filed by the Claimant on 8 October 2018

AND UPON the parties having agreed terms of settlement

IT IS HEREBY ORDERED BY CONSENT THAT:

1. This action be dismissed.

2. The Previous Order be discharged and the Claimant and Defendant be released of their obligations with respect of that order.

3. Each party shall bear its own costs.

 

Issued by:

Ayesha Bin Kalban

Assistant Registrar

Date of Issue: 10 October 2018

At: 11am

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