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uae-difc-cases

CREDIT SUISSE v ASHOK KUMAR GOEL [2021] DIFC CFI 066 — Registrar orders payment on account of costs following failed jurisdiction challenge (02 February 2021)

The underlying litigation in CFI 066/2020 involves a claim brought by Credit Suisse (Switzerland) Limited against four individual defendants: Ashok Kumar Goel, Sudhir Goyel, Manan Goel, and Prerit Goel. The dispute reached a procedural flashpoint when the Defendants filed Application No.

Sushant Shukla· ·5 min read
uae-difc-cases

CREDIT SUISSE v ASHOK KUMAR GOEL [2021] DIFC CFI 066 — Granting permission to appeal (13 January 2021)

The litigation involves a high-stakes financial dispute initiated by Credit Suisse (Switzerland) Limited against four individual defendants: Ashok Kumar Goel, Sudhir Goyel, Manan Goel, and Prerit Goel.

Sushant Shukla· ·5 min read
uae-difc-cases

CREDIT SUISSE v ASHOK KUMAR GOEL [2020] DIFC CFI 066 — Granting leave to appeal the 1 October 2020 Order (23 December 2020)

The litigation arises from a high-stakes financial dispute between Credit Suisse (Switzerland) Limited and four members of the Goel family: Ashok Kumar Goel, Sudhir Goyel, Manan Goel, and Prerit Goel.

Sushant Shukla· ·5 min read
uae-difc-cases

CREDIT SUISSE v ASHOK KUMAR GOEL [2020] DIFC CFI 066 — Refusal to stay asset disclosure pending appeal (14 October 2020)

The dispute centers on the enforcement of a worldwide freezing order obtained by Credit Suisse (Switzerland) Limited against four defendants: Ashok Kumar Goel, Sudhir Goyel, Manan Goel, and Prerit Goel.

Sushant Shukla· ·5 min read
uae-difc-cases

CREDIT SUISSE v ASHOK KUMAR GOEL [2020] DIFC CFI 066 — Jurisdiction over 'courts of Dubai' clauses (04 October 2020)

The DIFC Court of First Instance confirms that contractual references to the "courts of Dubai" effectively confer jurisdiction upon the DIFC Courts, validating the enforcement of a US$100 million worldwide freezing order against the Goel family.

Sushant Shukla· ·6 min read
uae-difc-cases

CREDIT SUISSE v ASHOK KUMAR GOEL [2020] DIFC CFI 066 — Affirmation of DIFC Court jurisdiction over personal defendants (01 October 2020)

The dispute centers on a claim initiated by Credit Suisse (Switzerland) Limited against four individual defendants: Ashok Kumar Goel, Sudhir Goyel, Manan Goel, and Prerit Goel. The litigation was triggered by the Claimant’s attempt to secure legal recourse within the DIFC, leading to a defensive…

Sushant Shukla· ·6 min read
uae-difc-cases

CREDIT SUISSE v ASHOK KUMAR GOEL [2020] DIFC CFI 066 — procedural management of freezing order and jurisdictional challenge (23 September 2020)

The litigation involves Credit Suisse (Switzerland) Limited seeking to enforce financial claims against four defendants: Ashok Kumar Goel, Sudhir Goyel, Manan Goel, and Prerit Goel. The core of the matter concerns the application of a freezing order initially granted by H.E.

Sushant Shukla· ·5 min read
uae-difc-cases

CREDIT SUISSE v ASHOK KUMAR GOEL [2020] DIFC CFI 066 — Procedural adjournment and jurisdictional challenge (17 September 2020)

Justice Wayne Martin’s amended order in CFI 066/2020 addresses the procedural management of a freezing order and the immediate suspension of asset disclosure obligations pending a formal determination of the DIFC Court’s jurisdiction.

Sushant Shukla· ·5 min read
uae-difc-cases

CREDIT SUISSE v ASHOK KUMAR GOEL [2020] DIFC CFI 066 — Worldwide freezing injunction and asset disclosure order (13 September 2020)

The lawsuit concerns a high-value debt recovery action initiated by Credit Suisse (Switzerland) Limited against Ashok Kumar Goel, Sudhir Goyel, Manan Goel, and Prerit Goel. The claimant sought to protect its position regarding a substantial financial exposure totaling USD 95,209,138.97.

Sushant Shukla· ·7 min read