cfi 084/2022

IDBI BANK v DTC COMMODITY DMCC [2023] DIFC CFI 084 — Default judgment for multi-million dollar banking debt (16 June 2023)

The lawsuit concerns a substantial financial recovery action initiated by IDBI Bank Limited against DTC Commodity DMCC (formerly known as Top Worth International Steels DMCC) and two individual defendants, Mr. Ashwin Narendra Lodha and Mr. Abhay Narendra Lodha.