CFI 032/2014 The Dubai Financial Services Authority v ES Bankers (Dubai) Limited
CFI 032/2014 The Dubai Financial Services Authority v ES Bankers (Dubai) Limited
November 21, 2016  court of first instance - Orders,Orders
Claim No: CFI-032-2014
THE DUBAI INTERNATIONAL FINANCIAL CENTRE
COURTS
IN THE
COURT
OF FIRST INSTANCE
IN THE MATTER OF ES BANKERS (DUBAI) LIMITED
AND
IN THE MATTER OF THE REGULATORY LAW
DIFC
LAW NO 1 OF 2004
AND
IN THE MATTER OF THE INSOLVENCY LAW DIFC LAW NO 3 OF 2009
BETWEEN
COMMTEL HOLDING (BVI) INC
The First Applicant
RUNNINGWOODS FZE
The Second Applicant
CARLOS ALBERTO MONTEIRO RODRIGUES DE OLIVEIRA;
DAMAJOMADA LIMITED
HARMON INVESTMENTS LIMITED
HERMES DEVELOPMENTS LIMITED
KLENZ INCORPORATION LIMITED
LO-PROFILE INVESTMENT LIMITED
NEWLIFE 2013 RAKFZC LIMITED
PALATINE PROPERTIES LIMITED
PHILIPPE GINSBERG
TALAMOK OVERSEAS S.A. LIMITED
TEDESCHIA CONSTRUCTION ENTERPRISES LIMITED
TUNAY BUSINESS LIMITED
The Third Group of Applicants
and
ES BANKERS (DUBAI) LIMITED (IN LIQUIDATION)
Respondent
CONSENT ORDER
UPON
the parties advising the
Court
that they have agreed terms of settlement in relation to the following Application Notices filed by the Applicants (the “
Applications
”):
Commtel Holding (BVI) Inc: CFI-032-2014/6;
Runningwoods FZE: CFI-032-2014/19;
Damajomada Limited
:
CFI-032-2014/16;
Harmon Investments Limited: CFI-032-2014/17;
Hermes Developments Limited
:
CFI-032-2014/14;
Klenz Incorporation Limited: CFI-032-2014/5;
Klenz Incorporation Limited: CFI-032-2014/9;
Lo-Profile Investment Limited: CFI-032-2014/8;
Newlife 2013 RAKFZC Limited
:
CFI-032-2014/13;
Palatine Properties Limited
:
CFI-032-2014/10;
Philippe Ginsberg: CFI-032-2014/11;
Talamok Overseas S.A. Limited and Carlos Alberto Monteiro Rodrigues De Oliveira: CFI-032-2014/15;
Tedeschia Construction Enterprises Limited: CFI-032-2014/12; and
Tunay Business Limited
:
CFI-032-2014/7
IT IS HEREBY ORDERED BY CONSENT THAT:
The Applications be withdrawn.
Further proceedings in relation to the Applications be stayed, except for the purpose of carrying into effect the terms of this Order and the terms of settlement agreed between the parties.
Liberty to apply in order to carry such terms into effect.
Each party shall bear its own costs.
Issued by:
Amna Al Owais
Deputy Registrar
Date of issue: 21 November 2016
At: 2pm