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CFI 001/2020 Emirates Retakaful Limited v Trust International Insurance And Reinsurance Company B.S.C (C)

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Claim No. CFI 001/2020

THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS

IN THE COURT OF FIRST INSTANCE

BETWEEN

EMIRATES RETAKAFUL LIMITED

Claimant

and

TRUST INTERNATIONAL INSURANCE AND REINSURANCE COMPANY B.S.C (c)

Defendant


CONSENT ORDER


UPON the filing by the Defendant of Acknowledgement of Service disputing jurisdiction and valid service of proceedings, and indicating an intention to defend the entire claim;

AND UPON the Parties agreeing to the terms of this Order.

IT IS ORDERED BY CONSENT THAT:

1. The Defendant’s objection to the validity of service is withdrawn.

2. The parties have agreed to a 42 day stay in proceedings (initially until 27 July 2020)(“Stay”).

3. The Stay does not affect the Defendant’s jurisdictional challenge, and any time limits in relation to that challenge will recommence on 27 July 2020 (unless a further stay is agreed thereafter).

4. No order as to costs.


Issued by:
Nour Hineidi
Deputy Registrar
Date of issue: 22 June 2020
At: 9am


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