DIFC Courts

CFI 025/2009 - Order

April 13, 2010 court of first instance - Orders,Orders

Claim No: CFI 025/2009

THE JUDICIAL AUTHORITY OF THE DUBAI INTERNATIONAL FINANCIAL CENTRE

IN THE COURT OF FIRST INSTANCE

BETWEEN

EMIRATES NBD CAPITAL LIMITED

(FORMERLY NBD INVESTMENT BANK LIMITED)

Claimant

and

NBD SANA CAPITAL MANAGEMENT SHAREHOLDING CO

and
MR ABRAR MIRDefendants

CONSENT ORDER

UPON hearing counsel for the parties.

AND UPON the parties having agreed the terms of settlement.

BY CONSENT IT IS ORDERED THAT:

 

1. All further proceedings in this action be discontinued upon the terms set out in the Settlement Agreement between the parties dated 8 April 2010 except for the purpose of carrying such terms into effect.

 

2. Each party shall bear its own costs.

 

Mark Beer

Registrar

Date of Issue: 13 April 2010

At: 4pm