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CFI 032/2014 The Dubai Financial Services Authority v ES Bankers (Dubai) Limited

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Claim No: CFI-032-2014

THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS

IN THE COURT OF FIRST INSTANCE

 

IN THE MATTER OF ES BANKERS (DUBAI) LIMITED

AND IN THE MATTER OF THE REGULATORY LAW DIFC LAW NO 1 OF 2004

AND IN THE MATTER OF THE INSOLVENCY LAW DIFC LAW NO 3 OF 2009

BETWEEN

COMMTEL HOLDING (BVI) INC

The First Applicant

RUNNINGWOODS FZE

The Second Applicant

CARLOS ALBERTO MONTEIRO RODRIGUES DE OLIVEIRA;
DAMAJOMADA LIMITED
HARMON INVESTMENTS LIMITED
HERMES DEVELOPMENTS LIMITED
KLENZ INCORPORATION LIMITED
LO-PROFILE INVESTMENT LIMITED
NEWLIFE 2013 RAKFZC LIMITED
PALATINE PROPERTIES LIMITED
PHILIPPE GINSBERG
TALAMOK OVERSEAS S.A. LIMITED
TEDESCHIA CONSTRUCTION ENTERPRISES LIMITED
TUNAY BUSINESS LIMITED

The Third Group of Applicants

and

ES BANKERS (DUBAI) LIMITED (IN LIQUIDATION)

Respondent


CONSENT ORDER


UPON the parties advising the Court that they have agreed terms of settlement in relation to the following Application Notices filed by the Applicants (the “Applications”):

  • Commtel Holding (BVI) Inc: CFI-032-2014/6;
  • Runningwoods FZE: CFI-032-2014/19;
  • Damajomada Limited: CFI-032-2014/16;
  • Harmon Investments Limited: CFI-032-2014/17;
  • Hermes Developments Limited: CFI-032-2014/14;
  • Klenz Incorporation Limited: CFI-032-2014/5;
  • Klenz Incorporation Limited: CFI-032-2014/9;
  • Lo-Profile Investment Limited: CFI-032-2014/8;
  • Newlife 2013 RAKFZC Limited: CFI-032-2014/13;
  • Palatine Properties Limited: CFI-032-2014/10;
  • Philippe Ginsberg: CFI-032-2014/11;
  • Talamok Overseas S.A. Limited and Carlos Alberto Monteiro Rodrigues De Oliveira: CFI-032-2014/15;
  • Tedeschia Construction Enterprises Limited: CFI-032-2014/12; and
  • Tunay Business Limited: CFI-032-2014/7

IT IS HEREBY ORDERED BY CONSENT THAT:

  1. The Applications be withdrawn.
  2. Further proceedings in relation to the Applications be stayed, except for the purpose of carrying into effect the terms of this Order and the terms of settlement agreed between the parties.
  3. Liberty to apply in order to carry such terms into effect.
  4. Each party shall bear its own costs.

Issued by:

Amna Al Owais

Deputy Registrar

Date of issue: 21 November 2016

At: 2pm

The post CFI 032/2014 The Dubai Financial Services Authority v ES Bankers (Dubai) Limited appeared first on DIFC Courts.


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