CFI 032/2014 The Dubai Financial Services Authority v ES Bankers (Dubai) Limited

September 10, 2015

• court of first instance - Orders
• Orders

Claim No. CFI 032/2014

THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS

IN THE COURT OF FIRST INSTANCE

IN THE MATTER OF THE REGULATORY LAW (NO. 1 OF 2004)

IN THE MATTER OF THE DIFC INSOLVENCY LAW (NO. 3 OF 2009)

BETWEEN

THE DUBAI FINANCIAL SERVICES AUTHORITY

Claimant

and

ES BANKERS (DUBAI) LIMITED

Defendant

 ORDER OF JUSTICE SIR DAVID STEEL

UPON reviewing Application Notice CFI-032-2014/4 dated 24 August 2015 seeking an Order that the Joint Liquidators’ remuneration for the period 19 October 2014 to 18 April 2015 be fixed in the sum of USD 3,194,120

AND UPON reading all relevant documents and evidence recorded on the Court file

IT IS HEREBY ORDERED THAT:

1. The Joint Liquidators’ remuneration for the period 19 October 2014 to 18 April 2015 (the first six months of the liquidation) be fixed in the sum of USD 3,194,120.
2. Further or other relief with liberty to apply.
3. The costs of and occasioned by this application be costs in the liquidation.

Issued by:

Natasha Bakirci

Assistant Registrar

Date of Issue: 10 September 2015

At: 12pm