CFI 043/2021 Punjab National Bank (DIFC) v (1) Uae Exchange Centre LLC (2) Mr. Bavaguthu Raghuram Shetty (3) Mr. Binay Raghuram Shetty CFI 043/2021 Punjab National Bank (DIFC) v (1) Uae Exchange Centre LLC (2) Mr. Bavaguthu Raghuram Shetty (3) Mr. Binay Raghuram Shetty June 21, 2022 court of first instance - Orders Claim No: CFI 043/2021 IN THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS IN THE COURT OF FIRST INSTANCE BETWEEN PUNJAB NATIONAL BANK (DIFC) Claimant and (1) UAE EXCHANGE CENTRE LLC (2) MR. BAVAGUTHU RAGHURAM SHETTY (3) MR. BINAY RAGHURAM SHETTY Defendants ORDER OF H.E. JUSTICE NASSIR AL NASSER UPON reviewing the Defendant’s Application Notice No. CFI-043-2022/4 dated 20 June 2022 seeking a Court Order to serve the Defendants by alternative method, namely, email pursuant to Rule 9.31 of the Rules of the DIFC Courts (“RDC”) (the “Application”) AND UPON reviewing the Witness Statement of Anjaney Kumar attached to the Application AND UPON reviewing the Court file AND PURSUANT TO RDC 9.3 whereby it is stated the party who is to be served or his legal representative must have previously expressly indicated in writing to the party serving: (a) that he is willing to accept service by electronic means; and (b) the fax number, email address or electronic identification to which it to be sent AND UPON the Claimant’s failure to comply with RDC 9.3 IT IS HEREBY ORDERED THAT: 1. The Application is denied. 2. The Claimant shall bear the costs of this Application. Issued by: Ayesha Bin Kalban Deputy Registrar Date of issue: 21 June 2022 At: 10am