Qatar Reinsurance Company Limited v (1) Orient Insurance PJSC (2) Orient UNB Takaful (3) Fenchurch Faris Limited [2023] DIFC CFI 009 (28 April 2023)

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


AMENDED CONSENT ORDER


UPON reviewing the Court file

AND UPON the Consent Order dated 27 July 2022

AND UPON the Amended Consent Order dated 21 December 2022 (the “Amended Consent Order”)

AND UPON the agreement of the parties as to the terms of this consent order

IT IS HEREBY ORDERED BY CONSENT THAT:

1. Paragraph 2 of the Amended Consent Order is amended to read as follows:

“To allow the parties to pursue a resolution of the matters in dispute, the proceedings, including the time for the filing of the Claimant’s Reply and Defence to Counterclaim and the Defendants’ Reply to the Third Party’s Defence to the Additional Claim, are stayed until 29 May 2023 (the “Stay”).”

2. Costs shall be reserved.

Issued by:
Delvin Sumo
Assistant Registrar
Date of Issue: 27 April 2023
Date of re-issue: 28 April 2023
At: 8am