QFC 10, 09/2018
Qatar Financial Centre Regulatory Authority v First Abu Dhabi Bank P.J.S.C
Order
At the conclusion of the hearing on Sunday 17 February 2019, the Court made the following Order with written reasons to follow:
1. That the Application of the Respondent for a stay of execution of the requirement in the judgment of 18 November 2018 to produce documentation is granted until the final judgment of the Appellate Division of the Court in this matter is delivered;
2. That the Application of the Respondent for a stay of execution of the requirement in the judgment of 18 November 2018 to preserve documentation is refused;
3. That the Application of the Applicant for the Respondent to file and serve an affidavit on the procedures and processes that the Respondent has put in place worldwide to preserve the documents ordered to be produced under the judgment of 18 November 2018 is granted. The affidavit is to be filed and served by no later than 4 March 2019; and