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Kian Saadat Yazdi and Hassan Saadat Yazdi v Barclays Bank PLC [2019] DIFC CFI 036 and CFI 039

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Claim No. CFI-036-2019
CFI-039-2019

THE DUBAI INTERNATIONAL FINANCE CENTRE COURTS

IN THE COURT OF FIRST INSTANCE

BETWEEN

KIAN SAADAT YAZDI

Claimant in CFI-036-2019

HASSAN SAADAT YAZDI

Claimant in CFI-039-2019

and

BARCLAYS BANK PLC

Defendant


CONSENT ORDER


UPON the Claimants’ claims and the Defendant’s application in respect of the said claims

AND UPON the Court adjourning the application at the parties’ request

IT IS HEREBY ORDERED BY CONSENT THAT:

1. Claims CFI-036-2019 and CFI-039-2019 be consolidated pursuant to Rule 4.2(7).

2. The Claimants shall amend their claim forms in the following (identical) ways in both claims:

(a), In the Brief Details of Claim

i, by the deletion of the words “are void ab initio and” (in the second numbered sentence) and

ii, by the replacement of the words. “are void ab initio as a binding instrumants” with “are void ab initio against the Claimant as a binding instrumants”

(b), In the Schedule to the Claim Form,

i, by the replacement of paragraphs. 44 and 52 with “In he premises, the Claimant is entitled to a binding declaratory judgment that confirms that the Documents are null and void ab initio against the Claimant and do not bind the Claimant”.

3. Otherwise, as the Claimants and Defendants having agreed to the terms set forth in the confidential schedule hereto, it is ordered that all further proceedings in this claim be stayed, except for the purpose of carrying such terms into effect.

4. Liberty to apply in order to carry such terms into effect


issued by:
Amna Al Owais
Chief Registrar
Date of Issue : 31 December 2019
At : 11AM


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