LITT
Try LITT free
SBM BANK v RENISH PETROCHEM [2021] DIFC CFI 054 — Fraudulent misrepresentation in trade finance (29 December 2021)
The dispute arose from a trade finance facility agreement entered into in November 2017, under which the Claimant, SBM Bank (Mauritius) Ltd, provided credit facilities to Renish Petrochem FZE, guaranteed by its sole shareholder, Mr. Hiteshkumar Chinubhai Mehta.
SBM BANK v RENISH PETROCHEM [2021] DIFC CFI 054 — Procedural extension for contempt sanctions (03 November 2021)
The litigation arises from a complex trade finance dispute involving SBM Bank (Mauritius) Ltd and the defendants, Renish Petrochem FZE and Mr. Hiteshkumar Chinubhai Mehta. The matter has evolved from a standard commercial claim into high-stakes enforcement proceedings, characterized by allegations…
SBM BANK v RENISH PETROCHEM [2021] DIFC CFI 054 — Contempt of court for breach of worldwide freezing injunction (20 October 2021)
The DIFC Court of First Instance confirms that failure to comply with information disclosure obligations in a freezing order constitutes contempt, regardless of a defendant's claims of insufficient time or resources.
SBM BANK v RENISH PETROCHEM [2021] DIFC CFI 054 — Dismissal of stay application (07 October 2021)
The DIFC Court of First Instance reaffirms its commitment to the progression of long-standing trade finance litigation by summarily dismissing a last-minute attempt to halt proceedings.
SBM BANK v RENISH PETROCHEM [2021] DIFC CFI 054 — Consent order dismissing claims against third defendant (04 October 2021)
The litigation, initiated by SBM Bank (Mauritius) Ltd, centers on complex allegations of fraud within a trade finance scheme. The claimant sought recovery against multiple parties, including Renish Petrochem FZE (the first defendant), Mr.
SBM BANK v RENISH PETROCHEM [2021] DIFC CFI 054 — Procedural order for withdrawal of legal representation (09 September 2021)
The litigation, which has been ongoing since 2018, involves SBM Bank (Mauritius) Ltd pursuing claims against Renish Petrochem FZE, Mr Hiteshkumar Chinubhai Mehta, and Prime Energy FZE.
SBM BANK v RENISH PETROCHEM [2021] DIFC CFI 054 — Judicial rejection of English-style disclosure in fraud litigation (02 September 2021)
The DIFC Court of First Instance clarifies the procedural boundaries of document production, affirming that RDC Part 28 cannot be bypassed by importing English Civil Procedure Rules (CPR) standards into consent orders.
SBM BANK v RENISH PETROCHEM [2021] DIFC CFI 054 — Procedural amendment to Case Management Order (26 August 2021)
The litigation concerns a complex banking and finance dispute initiated by SBM Bank (Mauritius) against Renish Petrochem FZE, Mr. Hiteshkumar Chinubhai Mehta, and Prime Energy FZE. The case, registered as CFI 054/2018, involves allegations of financial irregularities within a trade finance context.
SBM BANK v RENISH PETROCHEM [2021] DIFC CFI 054 — Procedural amendment to the case management timeline (10 August 2021)
The litigation involves SBM Bank (Mauritius) Ltd as the Claimant, pursuing claims against Renish Petrochem FZE, Mr. Hiteshkumar Chinubhai Mehta, and Prime Energy FZE. The dispute centers on complex banking and finance allegations, which have previously involved significant procedural developments,…
SBM BANK v RENISH PETROCHEM [2021] DIFC CFI 054 — Procedural amendment to expert witness timelines (13 July 2021)
The lawsuit, initiated under case number CFI 054/2018, involves complex allegations of trade finance irregularities involving SBM Bank (Mauritius) Ltd as the Claimant and a group of entities including Renish Petrochem FZE, Mr. Hiteshkumar Chinubhai Mehta, and Prime Energy FZE as Defendants.
SBM BANK v RENISH PETROCHEM [2021] DIFC CFI 054 — Procedural consent order for expert witness timelines (28 June 2021)
The litigation involves a high-stakes banking and finance dispute where SBM Bank (Mauritius) Ltd has pursued claims against Renish Petrochem FZE, Mr. Hiteshkumar Chinubhai Mehta, and Prime Energy FZE.
SBM BANK v RENISH PETROCHEM [2021] DIFC CFI 054 — Procedural consent order following the setting aside of immediate judgment (22 June 2021)
The litigation arises from a complex trade finance dispute involving SBM Bank (Mauritius) Ltd as the claimant and three defendants: Renish Petrochem FZE, Mr. Hiteshkumar Chinubhai Mehta, and Prime Energy FZE.
SBM BANK v RENISH PETROCHEM [2021] DIFC CFI 054 — Procedural amendment to case management deadlines (17 June 2021)
The litigation under CFI 054/2018 concerns a high-stakes trade finance dispute initiated by SBM Bank (Mauritius) against Renish Petrochem FZE, Mr. Hiteshkumar Chinubhai Mehta, and Prime Energy FZE.
SBM BANK v RENISH PETROCHEM [2021] DIFC CFI 054 — Setting aside immediate judgment in a USD 31 million fraud claim (31 May 2021)
The dispute centers on a trade finance facility provided by SBM Bank (Mauritius) Ltd to Renish Petrochem FZE, guaranteed by Mr Hiteshkumar Chinubhai Mehta. The Bank alleged that the defendants engaged in a sham business operation to defraud the institution, leading to a claim for USD 31,245,932.94.
SBM BANK v RENISH PETROCHEM [2021] DIFC CFI 054 — procedural recalibration via consent order (19 May 2021)
The DIFC Court of First Instance formalizes a procedural reset in the ongoing litigation between SBM Bank and Prime Energy FZE, nullifying prior agreements to extend critical case management deadlines.
SBM BANK v RENISH PETROCHEM [2021] DIFC CFI 054 — Procedural timeline adjustment via consent order (10 May 2021)
The litigation involves SBM Bank (Mauritius) Ltd as the Claimant against three Respondents: Renish Petrochem FZE, Mr. Hiteshkumar Chinubhai Mehta, and Prime Energy FZE. While the specific underlying commercial cause of action—typically involving banking facilities or trade finance disputes given…
SBM BANK v RENISH PETROCHEM [2021] DIFC CFI 054 — Procedural amendment by consent (28 March 2021)
A procedural refinement in the ongoing litigation between SBM Bank and the Renish Petrochem group, formalizing a timeline adjustment for case management milestones.
SBM BANK v RENISH PETROCHEM [2021] DIFC CFI 054 — procedural adjustment of case management deadlines (07 March 2021)
The litigation involves SBM Bank (Mauritius) Ltd as the Claimant, pursuing claims against three named Defendants: Renish Petrochem FZE, Mr. Hitesh Chinubhai Mehta, and Prime Energy FZE.
SBM BANK v RENISH PETROCHEM [2021] DIFC CFI 054 — Case management directions for forensic accounting and trial preparation (28 February 2021)
The litigation concerns a high-stakes banking dispute initiated by SBM Bank (Mauritius) Ltd against Renish Petrochem FZE, Mr. Hiteshkumar Chinubhai Mehta, and Prime Energy FZE. The core of the matter involves allegations of financial irregularities and complex transactional flows between the First…
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.