LITT
Try LITT free
SBM BANK v RENISH PETROCHEM [2021] DIFC CFI 054 — denial of permission to appeal following immediate judgment (09 February 2021)
The litigation originated from a claim filed by SBM Bank (Mauritius) Ltd on 2 August 2018, later amended on 6 August 2018, against Renish Petrochem FZE, Mr. Hiteshkumar Chinubhai Mehta, and Prime Energy FZE.
SBM BANK v RENISH PETROCHEM [2021] DIFC CFI 054 — Consent order vacating trial date (25 January 2021)
The litigation involves SBM Bank (Mauritius) Ltd as the Claimant, pursuing claims against three distinct parties: Renish Petrochem FZE, Mr. Hitesh Chinubhai Mehta, and Prime Energy FZE.
SBM BANK v RENISH PETROCHEM [2021] DIFC CFI 054 — Procedural timeline adjustment for ongoing litigation (05 January 2021)
The lawsuit involves a complex multi-party dispute initiated by SBM Bank (Mauritius) Ltd against Renish Petrochem FZE, Mr. Hitesh Chinubhai Mehta, and Prime Energy FZE. The specific matter at stake in this order was not the merits of the underlying claim, but rather the strict adherence to…
SBM BANK v RENISH PETROCHEM [2020] DIFC CFI 054 — procedural timeline adjustment via consent order (21 December 2020)
The lawsuit involves a claim brought by SBM Bank (Mauritius) against three defendants: Renish Petrochem FZE, Mr. Hitesh Chinubhai Mehta, and Prime Energy FZE. While the underlying substantive claims relate to complex commercial banking and financial obligations, the specific matter before the Court…
SBM BANK v RENISH PETROCHEM [2020] DIFC CFI 054 — Procedural amendment of case management deadlines (25 November 2020)
The litigation involves SBM Bank (Mauritius) Ltd as the Claimant, pursuing claims against three distinct parties: Renish Petrochem FZE, Mr. Hitesh Chinubhai Mehta, and Prime Energy FZE.
SBM BANK v RENISH PETROCHEM [2020] DIFC CFI 054 — The discretionary nature of the 'Business Exception' in worldwide freezing orders (19 November 2020)
The DIFC Court of First Instance clarifies that the 'Business Exception' in a worldwide freezing order is not a mandatory entitlement, but a discretionary provision contingent upon the defendant's conduct and the specific circumstances of the alleged fraud.
SBM BANK v RENISH PETROCHEM [2020] DIFC CFI 054 — Case management order regarding expert evidence and trial scheduling (21 October 2020)
The litigation concerns a banking dispute where SBM Bank (Mauritius) Ltd seeks to recover funds, while the Third Defendant, Prime Energy Fze, contends that its financial dealings with the First Defendant, Renish Petrochem Fze, were legitimate and based on an extended credit line.
SBM BANK v RENISH PETROCHEM [2020] DIFC CFI 054 — Immediate judgment for fraud in trade finance scheme (27 September 2020)
The dispute arose from a trade finance facility agreement entered into on 12 November 2017, under which SBM Bank (Mauritius) Ltd provided Renish Petrochem FZE with credit facilities of up to USD 30 million.
SBM BANK v RENISH PETROCHEM [2020] DIFC CFI 054 — procedural progression via consent order (22 June 2020)
The dispute concerns a banking and finance claim initiated by SBM Bank (Mauritius) Ltd against three distinct defendants: Renish Petrochem FZE, Mr. Hitesh Chinubhai Mehta, and Prime Energy FZE.
SBM BANK v RENISH PETROCHEM [2020] DIFC CFI 054 — Procedural directions for information exchange (27 May 2020)
This consent order formalizes the procedural timeline for the exchange of further information and the subsequent filing of a reply in the ongoing banking litigation between SBM Bank and the Renish Petrochem group.
SBM BANK v RENISH PETROCHEM [2020] DIFC CFI 054 — procedural directions for banking litigation (21 April 2020)
The litigation involves a banking and finance dispute initiated by SBM Bank (Mauritius) against three parties: Renish Petrochem FZE, Mr. Hitesh Chinubhai Mehta, and Prime Energy FZE.
SBM BANK v RENISH PETROCHEM [2020] DIFC CFI 054 — Procedural consent order for pleadings (25 March 2020)
The litigation involves SBM Bank (Mauritius) as the Claimant, pursuing claims against three distinct parties: Renish Petrochem FZE, Mr. Hitesh Chinubhai Mehta, and Prime Energy FZE. While the specific underlying commercial cause of action—typically involving banking facilities or trade finance…