LITT
Try LITT free
IDBI BANK LIMITED v FAST TELECOM GENERAL TRADING [2025] DIFC CFI 090 — Refusal to lift stay of proceedings pending criminal investigation (03 June 2025)
The litigation arises from a commercial banking dispute involving a Facility Agreement and a Personal Guarantee. The Claimant, IDBI Bank Limited (DIFC Branch), seeks to recover approximately USD 2.3 million from the Fifth Defendant, Mohammed Jawdat Ayesh Mustafa Al Barguthi, who is alleged to have…
IDBI BANK LIMITED v FAST TELECOM GENERAL TRADING [2023] DIFC CFI 090 — Stay of proceedings pending criminal investigation (24 May 2023)
The DIFC Court of First Instance granted a stay of civil proceedings against the Fifth Defendant, Mohammed Jawdat Ayesh Mustafa Al Barguthi, following the production of a Dubai Police forensic report indicating that his signatures on key documents were forged.
IDBI BANK LIMITED v FAST TELECOM GENERAL TRADING [2023] DIFC CFI 090 — Summary judgment and forgery allegations (04 April 2023)
The DIFC Court of First Instance clarifies the high evidentiary threshold for summary judgment when a defendant alleges forgery of a personal guarantee, emphasizing that factual disputes requiring trial cannot be resolved through preliminary applications.
IDBI BANK LIMITED v FAST TELECOM GENERAL TRADING [2023] DIFC CFI 090 — Refusal to grant summary judgment on forgery allegations (27 March 2023)
The dispute centers on a claim brought by IDBI Bank against several defendants, including Mr Mohammed Jawdat Ayesh Mustafa Al Barguthi (the Fifth Defendant), to enforce a personal guarantee under a Facilities Agreement dated 4 January 2016.
IDBI BANK LIMITED v MOHAMMED JAWDAT AYESH MUSTAFA AL BARGUTHI [2022] DIFC CFI 090 — Procedural adjournment of Case Management Conference (27 July 2022)
A procedural consent order formalizing the rescheduling of a Case Management Conference and extending document filing deadlines in a multi-party banking dispute.
IDBI BANK LIMITED v FAST TELECOM GENERAL TRADING [2022] DIFC CFI 090 — procedural extension for Fifth Defendant (12 May 2022)
The litigation involves IDBI Bank Limited (DIFC Branch) as the Claimant, pursuing a claim against a series of corporate and individual defendants. The corporate respondents include Fast Telecom General Trading LLC, Fast Telecom Logistics FZE (now known as Elegance Mobile Solutions Logistics FZE),…
IDBI BANK v FAST TELECOM GENERAL TRADING [2022] DIFC CFI 090 — Alternative service by publication (02 March 2022)
IDBI Bank Limited (DIFC Branch) initiated proceedings against a complex network of corporate entities and individuals, specifically Fast Telecom General Trading LLC, Fast Telecom Logistics FZE (now Elegance Mobile Solutions Logistics FZE), Fast Link Mobile FZCO (now Fast Telecom Logistics FZE), and…