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 Particulars of Claim being served on 25 April 2023

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

IT IS HEREBY ORDERED BY CONSENT THAT:

1. The Second and Third Defendant shall file their Statement of Defence by 4pm on 15 May 2023.

2. There shall be no order as to costs.

Issued by:
Delvin Sumo
Assistant Registrar
Date of Issue: 9 May 2023
Time: 11am