Union Bank Of India (DIFC Branch) v (1) Velocity Industries LLC (2) Velocity Venture Ltd. (3) Umaku Trade Invest Limited (4) Vjey Kapoor (5) Ravi Kuchimanki (6) Rajinder Makhijani (7) Parag Gupta (8) Devika Swati [2022] DIFC CFI 025 (29 March 2022)

Claim No. CFI 025/2020

THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS

IN THE COURT OF FIRST INSTANCE

BETWEEN

UNION BANK OF INDIA (DIFC BRANCH)

Claimant

and

(1) VELOCITY INDUSTRIES LLC
(2) VELOCITY VENTURE LTD.
(3) UMAKU TRADE INVEST LIMITED
(4) VJEY KAPOOR
(5) RAVI KUCHIMANKI
(6) RAJINDER MAKHIJANI
(7) PARAG GUPTA
(8) DEVIKA SWATI

Defendants


CONSENT ORDER


UPON the PTR Order of Justice Lord Angus Glennie dated 24 March 2022 (the “PTR Order”)

AND UPON the parties having agreed to the below directions by consent

IT IS HEREBY ORDERED BY CONSENT THAT:

1. The PTR Order shall be varied to provide that the time for the Fourth Defendant to comply with paragraph 1 be extended to4pm on 10 April 2022.

2. The PTR Order shall be varied to provide that the time for the Fourth Defendant to comply with paragraph 2 be extended to4pm on 10 April 2022.

3. Costs shall be costs in the case.

4. The parties shall have liberty to apply.

Issued by:
Ayesha Bin Kalban
Deputy Registrar
Date of Issue: 29 March 2022
At: 3pm