Claim No. CFI-084-2018
THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS
IN THE COURT OF FIRST INSTANCE
BETWEEN
MOHAMMED ZAHID ASLAM
Judgment Creditor
and
SDI CAPITAL LIMITED
Judgment Debtor
ORDER OF H.E JUSTICE SHAMLAN AL SAWALEHI
YOU, MAJDOOD POPAL,MUST OBEY THIS ORDER. IF YOU DO NOT, YOU MAY BE FINED OR COMMITTED TO PRISON FOR CONTEMPT OF COURT
UPON reviewing Judgment Creditor’s Application for an order requiring the Judgment Debtor to provide information for the purpose of enabling the Judgment Creditor to enforce the Court of First Instance judgment dated 20August 2019 (the “Judgment”) against the Judgment Debtor
AND UPON the Order of the Deputy Registrar issued on 19 December 2019
AND UPON reading the documents on the Court file
IT IS HEREBY ORDERED THAT:
1. Pursuant to The Rules of the Dubai International Financial Centre Courts 2014 (“RDC”) 50.2(2), the Judgment Debtor through and in the person of itsChief Executive Officer and/or Managing DirectorMajdood Popal(“Mr Popal”)must attend Court at 10am on Thursday,9January2020 to provide information about the Judgment Debtor’s assets, means and any other information which is required to enforce the Judgment against the Judgment Debtor (the “Judgment”).
2. Pursuant to RDC 50.5(5) and RDC 50.5(6), the Judgment Debtor and Mr Popal shall provide information about the Judgment Debtor’s assets, means and any other information which is required to enforce the Judgment and Consent Orders including the information identified in Schedule A to this order.
3. Pursuant to RDC 50.5(6), the Judgment Debtor and Mr Popalshall produce all documents in the Judgment Debtor’s control that relate to the Judgment Debtor’s means of satisfying the Judgment and Order. The documents produced must include those identified in Schedule A hereto.
4. The Judgment Debtor shall pay the costs of and occasioned by this Application, to be asses by the Registrar if not agreed.
Issued by:
Ayesha Bin Kalban
Assistant Registrar
Date of Issue: 6 January2019
At: 2pm
SCHEDULE A
A. THE INFORMATION REQUESTED
1. You will be required, as an officer of the Judgment Debtor, to disclose full details of:
- the Judgment Debtor’s assets and liabilities; and
- the Judgment Debtor’s income streams and income amounts; and
- the matters referred to in the list as set out below.
B. DOCUMENTS THAT YOU CONTROL
2. You must produce all documents that confirm the information required. If the requested documentation are not in your control, all reasonable efforts and measures must be taken to retrieve such documentation. Confirmation of such efforts may be called upon. These will include:
- All documents relevant to the financial status of the Judgment Debtor including audited financials, bank statements and records and details of all bank accounts held by the Judgment Debtor.
- Contracts of Employment for the current staff employed by Judgment Debtor.
- Certificates of title of all real property owned by the Judgment Debtor worldwide with any mortgage documentation.
- List of all assets owned by the Judgment Debtor with details of any (charge) liens.
- Lease agreements between the Judgment Debtor and third parties, including in relation to leases of the Judgment Debtor’s current physical address and any real property it owns.
- All current contracts between the Judgment Debtor and third parties.
- List and details of companies the Judgment Debtor has an interest in.