Claim No: CFI 043/2021

IN THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS

IN THE COURT OF FIRST INSTANCE

BETWEEN

PUNJAB NATIONAL BANK, DIFC BRANCH

Claimant

and

(1) UAE EXCHANGE CENTRE LLC
(2) MR. BAVAGUTHU RAGHURAM SHETTY
(3) MR. BINAY RAGHURAM SHETTY

Defendants

ORDER OF H.E. JUSTICE NASSIR AL NASSER

UPON reviewing the Claimant's Application Notice CFl-043-2021/02, dated 17 November 2021 and the Witness Statement (the “Application”)

AND PURSUANT to RDC r.4.2, r.7.23 and r.7.24

IT IS HEREBY ORDERED THAT:

1. The Application is granted.

2. The time frame for service of the Part 7 claim form dated 7 June 2020 on the Defendants, in the matter of CFl-043-2021, shall be extended by six months from the date of this Order.

3. Liberty to apply

4. Cost in the case.

Issued by:
Nour Hineidi
Registrar
Date of Issue: 25 November 2021
At: 1pm