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CFI 040/2016 Sidra Capital (DIFC) Limited v Preecha Narula

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Claim No. CFI 040/2016

THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS

 

In the name of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Ruler of Dubai

IN THE COURT OF FIRST INSTANCE

BETWEEN

SIDRA CAPITAL (DIFC) LIMITED

Appellant

and

PREECHA NARULA 

Respondent


ORDER OF H.E. JUSTICE SHAMLAN AL SAWALEHI


FURTHER TO the Order of H.E. Justice Shamlan Al Sawalehi dated 6 November 2016 in SCT-081-2016 requiring payment into Court of AED 224,930 by the Appellant as security as a condition for permission to appeal

AND FURTHER TO that money having been paid into Court on 6 November 2016

AND UPON the appeal having been dismissed in the Judgment of H.E. Justice Shamlan Al Sawalehi dated 16 January 2016

IT IS HEREBY ORDERED THAT:

  1. The money paid into Court by the Appellant in the amount of AED 224,930 be paid out to the Respondent in these proceedings.
  2. The bank details of the Respondent for the money to be transferred to are:

Bank Name: RAK Bank

Bank Address: Deira Branch, Deira Gold Souk, Deira, Dubai.

Account Name: Preecha Narula and Kartar kaur Narula
Account Number: 0025518065031
IBAN:AE31 0400 0000 2551 8065 031
Swift Code: NRAKAEAK

Issued by:

Natasha Bakirci

Assistant Registrar

Date of Issue: 17 January 2017

At: 2pm

The post CFI 040/2016 Sidra Capital (DIFC) Limited v Preecha Narula appeared first on DIFC Courts.


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