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TRANSASIA PRIVATE CAPITAL v MADOS TRADING COMPANY [2022] DIFC CFI 079 — Procedural amendment and service dispensation (10 November 2022)
The litigation in CFI 079/2021 involves a complex multi-party claim brought by Transasia Private Capital Limited and TA Private Capital Security Agent Ltd against a group of five defendants: Mados Trading Company LLC, Mados Global FZE, Mr. Sridhar Melarkode Vaidyanathan, Ms. Minu Sridhar, and Mr.
PUNJAB NATIONAL BANK v NMC HEALTHCARE [2025] DIFC CFI 079 — administrative closure for procedural non-compliance (25 November 2025)
The dispute originated from a Part 7 Claim Form filed by Punjab National Bank DIFC Branch on 28 September 2020 against NMC Healthcare LLC. Following the initiation of these proceedings, the Claimant sought to withdraw its action by filing a Notice of Discontinuance on 20 October 2025.
PUNJAB NATIONAL BANK, DIFC BRANCH v NMC HEALTHCARE [2024] DIFC CFI 079 — Immediate judgment on personal guarantees (19 January 2024)
The litigation concerned the enforcement of substantial credit facilities and personal guarantees provided by Mr. B.R. Shetty, Mr. Bavaguthu Raghuram Shetty, and Mr. Binay Ragharam Shetty to Punjab National Bank (PNB), DIFC Branch.
PUNJAB NATIONAL BANK v NMC HEALTHCARE [2023] DIFC CFI 079 — procedural extension for immediate judgment application (14 July 2023)
The litigation involves a complex recovery action initiated by Punjab National Bank, DIFC Branch, against a series of entities within the NMC Healthcare group, including NMC Healthcare LLC, New Medical Centre Trading LLC, and various regional speciality hospitals, alongside Mr. B.R.
PUNJAB NATIONAL BANK v NMC HEALTHCARE [2023] DIFC CFI 079 — procedural extension for immediate judgment (04 July 2023)
The litigation involves a complex multi-party dispute arising from the financial collapse of the NMC Healthcare group. Punjab National Bank, acting through its DIFC branch, initiated proceedings against seven defendants, including various NMC entities and Mr. B.R. Shetty.
PUNJAB NATIONAL BANK v NMC HEALTHCARE [2023] DIFC CFI 079 — procedural directions on immediate judgment and signature verification (22 June 2023)
The litigation arises from the collapse of the NMC Healthcare group, with Punjab National Bank (DIFC Branch) seeking to enforce financial obligations against various corporate entities and Mr. B.R. Shetty, the former chairman.
PUNJAB NATIONAL BANK, DIFC BRANCH v NMC HEALTHCARE [2023] DIFC CFI 079 — Procedural adjournment of Case Management Conference (03 May 2023)
The litigation, registered under CFI 079/2020, represents a significant banking and finance dispute involving Punjab National Bank, DIFC Branch, as the Claimant, and a series of seven defendants, including NMC Healthcare LLC, various NMC-branded specialty hospitals, Mr. B.R.
PUNJAB NATIONAL BANK v NMC HEALTHCARE [2022] DIFC CFI 079 — Procedural progression against individual defendants amidst corporate insolvency (01 September 2022)
This consent order clarifies the procedural bifurcation of litigation in CFI 079/2020, distinguishing the active status of claims against individual defendants from the stayed proceedings against the NMC corporate group.
PUNJAB NATIONAL BANK, DIFC BRANCH v NMC HEALTHCARE [2022] DIFC CFI 079 — Procedural management of insolvency-related claims (05 August 2022)
This Consent Order formalizes the procedural timeline for the Sixth Defendant’s defense and the Claimant’s subsequent reply within the complex, multi-party insolvency litigation involving the NMC Healthcare group.
PUNJAB NATIONAL BANK v NMC HEALTHCARE [2022] DIFC CFI 079 — Consent order for claim amendment and procedural timelines (15 June 2022)
The dispute centers on a complex banking litigation initiated by Punjab National Bank (PNB), DIFC Branch, against a series of NMC-affiliated entities and Mr. B.R. Shetty. The litigation, filed under case number CFI 079/2020, involves substantial financial claims arising from banking facilities…
PUNJAB NATIONAL BANK v NMC HEALTHCARE [2022] DIFC CFI 079 — Procedural extension in complex insolvency litigation (06 June 2022)
The litigation involves a claim brought by Punjab National Bank, DIFC Branch, against a series of entities within the NMC Healthcare group, including NMC Healthcare LLC, New Medical Centre Trading LLC, and various specialty hospital subsidiaries, alongside Mr. B.R. Shetty and NMC Health PLC.
PUNJAB NATIONAL BANK v NMC HEALTHCARE [2022] DIFC CFI 079 — Extension of time for service on B.R. Shetty (14 April 2022)
The litigation, registered under CFI 079/2020, involves a claim brought by the DIFC branch of Punjab National Bank against a series of corporate entities within the NMC Healthcare group, as well as Mr. B.R. Shetty, the Sixth Defendant.
PUNJAB NATIONAL BANK v NMC HEALTHCARE [2021] DIFC CFI 079 — Strict adherence to electronic service protocols (27 May 2021)
The DIFC Court of First Instance reinforces the mandatory requirement for documented consent when attempting to effect service of process via email under the Rules of the DIFC Courts.
PUNJAB NATIONAL BANK v NMC HEALTHCARE [2021] DIFC CFI 079 — Procedural extension for service on Mr. B.R. Shetty (09 April 2021)
The litigation involves a complex web of claims brought by Punjab National Bank, DIFC Branch, against several entities within the NMC Healthcare group and Mr. B.R. Shetty, the group’s founder.
PUNJAB NATIONAL BANK v NMC HEALTHCARE [2021] DIFC CFI 079 — Extension of time for service on Sixth Defendant (15 March 2021)
The litigation, initiated by Punjab National Bank (DIFC Branch) against a complex array of NMC-related entities and Mr. B.R. Shetty, faced significant procedural hurdles regarding the timeline for service.
PUNJAB NATIONAL BANK, DIFC BRANCH v NMC HEALTHCARE [2021] DIFC CFI 079 — Interim stay of proceedings pending ADGM administration (11 February 2021)
The DIFC Court formalizes a stay of proceedings against specific NMC group entities, aligning with broader cross-border insolvency recognition protocols established in the ADGM.
PUNJAB NATIONAL BANK v NMC HEALTHCARE [2020] DIFC CFI 079 — Interim stay of proceedings pending ADGM administration (06 December 2020)
The DIFC Court formalizes the stay of litigation against NMC Healthcare entities following the cross-jurisdictional recognition of ADGM administration proceedings.
PUNJAB NATIONAL BANK v NMC HEALTHCARE [2020] DIFC CFI 079 — Interim stay pending ADGM recognition (09 November 2020)
This consent order formalizes a strategic pause in litigation, highlighting the procedural interplay between DIFC Court proceedings and the recognition of ADGM administration orders for entities within the NMC healthcare group.
FIMBANK PLC v AOS TRADING DMCC [2019] DIFC CFI 079 — Default judgment for multi-million dollar banking claim (04 March 2019)
FIMBank PLC, operating through its DIFC branch, initiated these proceedings to recover outstanding debt arising from a commercial credit arrangement. The dispute centered on the Claimant’s demand for the recovery of a principal amount of USD 20,282,763.71, which remained unpaid by the Defendant,…
CAPITAL VENTURES v GFH PARTNERS MANRRE REIT [2025] DIFC CFI 078 — Procedural sanctions for unauthorized extensions of time (25 September 2025)
The dispute arose in the context of a Pre-Action Disclosure Application initiated by Capital Ventures FZCO against GFH Partners Manrre REIT (CEIC) PLC via a Part 8 Claim Form. Following an initial extension granted on 17 September 2025, the Defendant found itself unable to meet the revised deadline…
CAPITAL VENTURES v GFH PARTNERS MANRRE REIT [2025] DIFC CFI 078 — procedural extension for Part 8 evidence (17 September 2025)
The dispute originated from a procedural disagreement concerning the timeline for evidence submission in a pre-action disclosure context. Capital Ventures FZCO initiated the proceedings to compel disclosure from GFH Partners Manrre Reit (CEIC) PLC, utilizing the Part 8 procedure.
NAAZIM v NEVILLE [2024] DIFC CFI 078 — Dismissal of collateral challenge to costs enforcement (19 August 2024)
The litigation arises from winding-up proceedings initiated by the Claimants (Naazim, Nabeel, and Neilson) against the Defendant, Neville. The dispute centers on the Claimants' efforts to recover unpaid judgment debts originally stemming from Small Claims Tribunal (SCT) proceedings.
NAAZIM v NEVILLE [2024] DIFC CFI 078 — Dismissal of appeal against USD 80,875.32 costs order (06 August 2024)
Justice Michael Black KC confirms the enforceability of a substantial costs order, rejecting a defendant’s attempt to challenge fees incurred during winding-up proceedings.
ASW HOSPITALITY AG v MAG PROPERTY DEVELOPMENT [2022] DIFC CFI 078 — Consent order resolving commercial consultancy dispute (20 December 2022)
This consent order formalizes the settlement of a commercial dispute between ASW Hospitality AG and MAG Property Development, resulting in the discontinuation of proceedings following a structured financial and credit-based resolution.