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uae-difc-cases
STATE BANK OF INDIA v NMC HEALTHCARE [2020] DIFC CFI 047 — Consent order for procedural extension (22 October 2020)
The lawsuit involves a claim initiated by the State Bank of India (DIFC Branch) against a group of NMC Healthcare entities and Mr. Bavaguthu Raghuram Shetty. The dispute centers on significant financial obligations and recovery efforts following the financial distress of the NMC group.
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·5 min read
uae-difc-cases
STATE BANK OF INDIA v NMC HEALTHCARE [2021] DIFC CFI 047 — Extension of time for service of claim form (09 December 2021)
The litigation arises from the financial collapse of the NMC Healthcare group, with the State Bank of India (DIFC Branch) acting as the Claimant against multiple corporate entities and Mr. Bavaguthu Raghuram Shetty.
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·5 min read