cfi 089/2022

IDBI BANK v VISION METAL GENERAL TRADING FZC [2023] DIFC CFI 089 — Default judgment for USD 55 million (29 March 2023)

The dispute centers on a substantial commercial debt owed to IDBI Bank Limited by the Defendants, Vision Metal General Trading FZC and Mr. Vinod Kumar Goel. The Claimant sought recovery of a principal sum totaling USD 55,215,477.51.