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 Claimant’s claim dated 4 April 2021 (the “Claim”)

AND UPON the Consent Order dated 23 December 2022

AND UPON the parties agreeing to the terms of this Consent Order

IT IS HEREBY ORDERED BY CONSENT THAT:

1. The Claimant shall file its Particulars of Claim by no later than 4pm GST on 25 April 2023.

2. There shall be no order as to costs.

Issued by:
Delvin Sumo
Assistant Registrar
Date of issue: 17 April 2023
At: 10am