Skip to Content

CFI 016/2017 Mashreq Al Islami Finance Company Pjsc v Mr Babar Rehman

CFI 016/2017 Mashreq Al Islami Finance Company Pjsc v Mr Babar Rehman

April 8, 2019

image_pdfimage_print

Claim No. CFI-016-2017

THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS

IN THE COURT OF FIRST INSTANCE

BETWEEN

MASHREQ AL ISLAMI FINANCE COMPANY PJSC

(FORMERLY AL BADR ISLAMIC FINANCE COMPANY PJSC)

Claimant

and

MR BABAR REHMAN

Defendant


 ORDER OF H.E JUSTICE OMAR AL MUHAIRI


UPON reviewing the Default Judgment of Judicial Officer Maha Al Mehairi dated 7 May 2017, the Order with Reasons of H.E. Justice Omar Al Muhairi dated 15 April 2018, the Case Management Order of Judicial Officer Maha Al Mehairi dated 19 September 2018, the Order of Judicial Officer Maha Al Mehairi dated 7 November 2018, and the Order of H.E. Justice Omar Al Muhairi dated 7 March 2019;

UPON reviewing the Judgment of H.E. Justice Omar Al Muhairi dated 24 March 2019, with reasons;

AND UPON reviewing the Claimant’s written submissions in respect of costs, and having regard to all the circumstances;

IT IS HEREBY ORDERED pursuant to RDC38.6 to 38.9 38.8 as follows:

1.The Claimant is entitled to its costs of and incidental to these proceedings including the Claimant’s costs incurred in seeking default judgment, in resisting the Defendant’s application to set aside the default judgement, and in respect of the Defendant’s application to rely on expert evidence of Sharia law.

2. The Defendant shall pay the Claimant’s costs of these proceedings on the indemnity basis.

3. The Claimant’s costs are hereby immediately assessed in the amount of AED 884,635.92 (the “Costs Sum”) and the Defendant is required to pay the Costs Sum in full within 28 days of this order.

 

Issued by:

Maha Al Mehairi

Judicial Officer

Date of Issue: 08 April 2019

At: 1pm

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.