DIFC Courts

CFI 043/2012 - Order of Deputy Registrar, Amna Al Owais

July 21, 2013 court of first instance - Orders,Orders

Claim No: CFI 043/2012

THE DUBAI INTERNATIONAL FINANCIAL CENTER COURTS

IN THE COURT OF FIRST INSTANCE

Between

(1) AAM HOLDING LIMITED

(2) MAHMOOD MOHAMAD RAHMAN AL ANSARI

Claimants
and

 

(1) FIRST CAPITAL OF SWITZERLAND LIMITED

(2) FIRST CAPITAL OF SWITZERLAND INVESTMENT BANK LIMITED

(3) BID CAPITAL INVESTMENTS INC.

(4) ABDULRAHMAN AL ANSARI

(5) ANTHONY D'ANIELLO

Defendants

 

ORDER OF THE DEPUTY REGISTRAR, AMNA AL OWAIS

UPON the parties having entered into an agreement to settle their disputes

AND UPON reviewing the Consent Order submitted by the Parties on 21 July 2013

IT IS HEREBY ORDERED BY CONSENT THAT:

1. The Injunction Order dated 29 November 2012 of H.E. Justice Omar Al Muhairi, as amended by the Order dated 20 December 2012, be discharged.

 

2. The amount of AED 18,390,000 paid into Court by the Applicants pursuant to the Injunction Order be released to the following Third Party bank account:
Account name: 'Nezmin Trading'

Account number: 012222030742

Bank: Union National Bank

Branch: Sheikh Zayed Road Branch, Dubai

IBAN Code: AE970450000012222030742

 

3. No order as to costs.

Issued by:

Amna Al Owais

Deputy Registrar

Date of issue: 21 July 2013

At: 2pm