Order · Court of First Instance
CFI 038/2022 IDBI Bank Ltd. (DIFC Branch) v (1) White Metal Alloys Industries FZ LLC (2) Mr. Rahul Garg (3) Ms. Shivani Garg (4) Mr. Mithlesh Garg (5) SNS Trading DMCC
A reference record of CFI 038/2022, drawn from the decision's own text. It sets out who the parties were, who decided it, what the decision did and where to read it. It does not summarise the court's reasoning or offer advice on it.
Where cases like this arise in our work: DIFC Courts Litigation
At a glance
| Claim number | CFI 038/2022 |
| Court | DIFC Courts — Court of First Instance |
| Decision | Order |
| Date | 14 September 2023 |
| Date of issue | 14 September 2023 |
| Operative orders | 0 |
| Numbered paragraphs | 12 |
| Recitals | 1 |
Parties to CFI 038/2022
As the decision names them, with the role each appears in.
| Party | Role |
|---|---|
| Idbi Bank Ltd. (Difc Branch) | Claimant |
| (5) Sns Trading Dmcc | Defendants |
Decisions in CFI 038/2022
The DIFC Courts have published 3 decisions under this claim number. The dates and types below are the court's own record of the sequence.
| Date | Type |
|---|---|
| 6 January 2023 | Order |
| 11 August 2023 | Order |
| 14 September 2023 | Order |
Sums named in the order
These figures appear in the text of the decision. They are reproduced as amounts only — what each relates to is set out in the judgment itself.
- USD 20,740,239.20
- USD 4,868,318.33
- USD 790,799.73
- USD 81,121.30
- USD 1,809.84
- USD 400.16
Authorities cited in CFI 038/2022
The decision refers to the following. They are listed as cited — what each was relied on for is set out in the decision itself.
Rules of the DIFC Courts applied
RDC 4.16, RDC 9.43, RDC 13.3, RDC 13.4, RDC 13.6, RDC 13.7, RDC 13.9, RDC 13.14, RDC 13.22, RDC 13.23, RDC 13.24, RDC 15.14 — see the RDC.
Other decisions of the same division
Records of DIFC Courts decisions heard in the same division around the same time. This decision cites no instrument we hold a record of, so these are listed by division and date rather than by shared authority.
- CFI 021/2025 — CFI 021/2025 DIFC Investments Ltd v DIFC Registrar of Companies
- CFI 005/2021 — CFI 005/2021 (1) Anoop Kumar Lal (2) Paul Patrick Hennessy v Donna B
- CFI 020/2023 — CFI 020/2023 Muzoon Holding LLC v Belsons Innovations Technologies L
- CFI 030/2023 — CFI 030/2023 (1) Sam Precious Metals FZ-LLC (2) Sami Riyad Mahmoud A
- CFI 087/2024 — CFI 087/2024 Al Ramz Capital LLC v Dubai Financial Services Authorit
- CFI 020/2022 — CFI 020/2022 Accuracy Middle East Advisory Ltd v Anabel Debelak
Primary source
Everything on this page comes from the decision itself. The link goes to the court that issued it.
Acting on a court of first instance matter
This page is a record, not advice. If a matter of your own turns on the kind of question CFI 038/2022 dealt with, speak to us about the facts.