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CFI 016/2020 DIFC Investments Ltd v Dubai Islamic Bank

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Claim No. CFI 016/2020

THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS

IN THE COURT OF FIRST INSTANCE

BETWEEN

DIFC INVESTMENTS LTD

Claimant/Applicant

and

DUBAI ISLAMIC BANK

Defendant/Respondent


AMENDED ORDER OF THE DEPUTY REGISTRAR NOUR HINEIDI


UPON the Applicant’s filing of a Notice of Commencement of Assessment on 5 May 2020 claiming an amount of AED 680,565 in its bill of costs (“Bill of Costs”)

AND UPON the Applicant’s request pursuant to its email of 5 May 2020 and further explanatory email of 7 May 2020 that 50% of its costs be payable on account before costs are assessed (the “Request”)

AND UPON considering Practice Direction No. 5 of 2014 DIFC Courts’ Costs Regime

AND UPON the Order of H.E. Justice Shamlan Al Sawalehi issued on 14 May 2020 rejecting the application for a stay, filed by the Defendant on 7 May 2020

AND UPON taking into account all other relevant documents on the court file

IT IS HEREBY ORDERED THAT:

1. The Request is granted.

2. The Respondent is ordered to pay a total AED 340,282.5, into Court, within 14 days of the issuance of this Order and by Sunday, 31 May 2020. This amount represents 50% of the total amount claimed by the Applicant in its Bill of Costs.


Issued by:
Nour Hineidi
Deputy Registrar
Date of Issue: 17 May 2020
Date of re-issue: 19 May 2020
At: 12pm


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