DIFC Courts

CFI 019/2010 - Order

August 26, 2010 court of first instance - Orders,Orders

Claim No: CFI 019/2010

 

THE JUDICIAL AUTHORITY OF THE DUBAI INTERNATIONAL FINANCIAL CENTRE

 

IN THE COURT OF FIRST INSTANCE

 

BETWEEN

 

(1) INJAZAT CAPITAL LIMITED

(2) INJAZAT TECHNOLOGY FUND B.S.C. (c)

Claimant/Respondent
and

 

DENTON WILDE SAPTE & Co.

Defendant/Applicant

 

ORDER FOR STAY OF PROCEEDINGS

 

UPON READING the Agreed Order dated 23 August 2010 signed on behalf of the parties

 

THIS COURT HEREBY ORDERS:

 

1. All further proceedings in this action be stayed indefinitely, terminable upon 28 days written notice by one party to the other.

 

2. The Defendant's agreement to this stay is without prejudice to its challenge to jurisdiction, which may be made following the termination of the stay.

 

3. Each party shall bear its own costs relating to this Order.

 

Amna Al Owais

Deputy Registrar

Date of Issue: 26 August 2010

At: 11am