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AMIRA C FOODS INTERNATIONAL DMCC v IDBI BANK [2019] DIFC CFI 027 — Granting leave to appeal the October 2019 judgment (11 December 2019)
Justice Roger Giles grants IDBI Bank Limited permission to appeal the Court of First Instance judgment regarding the complex banking facility dispute between Amira C Foods and the lender.
AMIRA C FOODS INTERNATIONAL DMCC v IDBI BANK [2021] DIFC CFI 027 — Discharge of security injunction following established indebtedness (20 December 2021)
The DIFC Court of First Instance confirms that once a claimant’s underlying indebtedness is judicially established, the Court will release security—specifically physical cheques—previously held under its control.
AMIRA C FOODS INTERNATIONAL DMCC v IDBI BANK [2020] DIFC CFI 027 — Consent order regarding bank guarantee amendment (16 September 2020)
The dispute centers on the management of security provided by IDBI Bank Limited in favor of Amira C Foods International DMCC and A K Global Business FZE. Following a series of legal battles, including an appeal and related Part 8 proceedings, the parties reached a consensus to modify the existing…
AMIRA C FOODS INTERNATIONAL DMCC v IDBI BANK [2020] DIFC CFI 027 — Post-judgment orders on security instruments, interest, and costs (22 January 2020)
The litigation centered on the Bank’s attempt to present security cheques provided by Amira C Foods International DMCC as collateral for credit facilities. Amira sought an injunction to restrain the Bank from presenting these instruments, arguing that no default had occurred under the facilities…
AMIRA C FOODS INTERNATIONAL DMCC v IDBI BANK [2018] DIFC CFI 027 — Discovery and document production obligations (31 December 2018)
The litigation concerns a commercial dispute between the Claimants, Amira C Foods International DMCC and A K Global Business Fze, and the Defendant, IDBI Bank Limited, with Karan A Chanana joined as a Third Party.