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

CONSENT ORDER

UPON the Part 7 Claim Form dated 4 April 2021

AND UPON the Registry listing a Case Management Conference to be held on 15 September 2023 before H.E. Justice Nassir Al Nasser (the “CMC”)

AND UPON the Second and Third Defendants’ Application No. CFI-043-2021/7 dated 13 September 2023

AND UPON the parties having agreed to the terms of this Consent Order

IT IS HEREBY ORDERED BY CONSENT THAT:

1. The CMC listed on 15 September be vacated.

2. There shall be no order as to costs.

Issued by:
Delvin Sumo
Assistant Registrar
Date of issue: 15 September 2023
At: 9am