Alawwal Capital JSC v Rasmala Investment Bank Limited [2024] DIFC CFI 038 (12 January 2024)

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You are here: BAILII >> Databases >> The Dubai International Financial Centre >> Alawwal Capital JSC v Rasmala Investment Bank Limited [2024] DIFC CFI 038 (12 January 2024)
URL: http://www.bailii.org/ae/cases/DIFC/2024/DCFI_038.html
Cite as: [2024] DIFC CFI 038, [2024] DIFC CFI 38

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CFI 038/2023 Alawwal Capital JSC v Rasmala Investment Bank Limited

January 12, 2024 COURT OF FIRST INSTANCE - ORDERS

Claim No. CFI 038/2023

IN THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS

IN THE COURT OF FIRST INSTANCE

BETWEEN

ALAWWAL CAPITAL JSC

Claimant

and

RASMALA INVESTMENT BANK LIMITED

Defendant


ORDER OF ASSISTANT REGISTRAR HAYLEY NORTON


UPON the Consent Order dated 5 July 2023 imposing a stay upon these proceedings to allow time for the parties to enter into a mediation process in respect of the dispute (the “Consent Order”) (the “Stay”)

AND UPON reviewing the Claimant’s correspondence with the Registry dated 9 January 2024 confirming that the mediation process has completed and the dispute has not been resolved

AND PURSUANT TORule 4.12 of the Rules of the DIFC Courts

IT IS HEREBY ORDERED THAT:

1. The Stay shall be lifted.

2. Pursuant to paragraph 2(a) of the Consent Order, the Defendant shall file and serve its Defence by no later than16 February 2024.

Issued by:
Hayley Norton
Assistant Registrar
Date of issue: 12 January 2024
At: 8am


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URL: http://www.bailii.org/ae/cases/DIFC/2024/DCFI_038.html