CFI 009/2022 Qatar Reinsurance Company Limited v (1) Orient Insurance PJSC (2) Orient UNB Takaful (3) Fenchurch Faris Limited
CFI 009/2022 Qatar Reinsurance Company Limited v (1) Orient Insurance PJSC (2) Orient UNB Takaful (3) Fenchurch Faris Limited
June 06, 2023  COURT OF FIRST INSTANCE - ORDERS
Claim No. CFI 009/2022
THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS
IN THE COURT OF FIRST INSTANCE
BETWEEN
QATAR REINSURANCE COMPANY LIMITED
Claimant
and
(1)	ORIENT INSURANCE PJSC
(2)	ORIENT UNB TAKAFUL
Defendants
and
FENCHURCH FARIS LIMITED
Third Party
CONSENT ORDER
UPON
the Consent Order dated 27 July 2022
AND UPON
the Amended Consent Orders dated 21 December 2022, 28 April 2023 and 30 May 2023
AND UPON
the agreement of the parties as to the terms of this Consent Order
IT IS HEREBY ORDERED BY CONSENT THAT:
1.	The proceedings are stayed until
2 September 2024,
to allow the parties to pursue a resolution of the matters in dispute (the “Stay”).
2.	The deadline for filing and service of the Claimant's Reply and Defence to Counterclaim and the Defendants' Reply to the Third Party's Defence to the Additional Claim is extended until
4pm on 3 September 2024.
3.	During the period of the Stay, the First and Second Defendants undertake to immediately notify the Claimant and Third Party in relation to any actual, threatened or anticipated litigation or arbitration proceedings or claims made under or in relation to the policy issued by the First Defendant to ItalConsult on 26 February 2018 (Policy No. P/01/6005/2018/4).
4.	Costs shall be reserved.
5.	The parties shall have liberty to apply.
Issued by:
Delvin Sumo
Assistant Registrar
Date of Issue: 6 June 2023
At: 11am