Matter
A32 v B32 (ADGM Court of First Instance ADGMCFI-2025-373; [2026] ADGMCFI 0018)
- 3 October 2025United Arab Emirates
3 October 2025United Arab Emirates
Arbitral Award dated 3 October 2025
- Decision summary
- The Tribunal found that the Option Agreement dated 31 August 2020 was valid and subsisting between A32 and B32, and that relief in the nature of specific performance was required to give effect to that finding.
Supporting details
5 participants8 months and 6 days later · 249 days
- 9 June 2026United Arab Emirates
9 June 2026United Arab Emirates
Judgment of the ADGM Court of First Instance in the cases ADGMCFI-2025-373 and ADGMCFI-2026-114 dated 9 June 2026
ADGM Court of First Instance
- Citation
- [2026] ADGMCFI 0018
- Decision summary
- The Court dismissed B32’s application to set aside the arbitral award and the spent stay application, granted A32’s enforcement application, and ordered B32 to transfer the title deed for Unit ABC on Al Maryah Island to A32 free of encumbrances, charges, and third-party claims. It also made a costs order nisi in A32’s favour.
Supporting details
14 authorities · 8 participantsA32
- Representative
- Mr Tarek El Khoury (For: A32)
- Representative
- TEK Legal Consultancy (For: A32)
B32
- Representative
- Mr Shashank Garg (For: B32)
- Representative
- QAF Legal (For: B32)
ADGM Court of First Instance
Other
- Institutional administrator
- Linda Fitz-Alan, Registrar, ADGM Courts