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Home / Judgments / ASKHAT SHARIPOV ILDAROVICH v (1) BAEV (FORMERLY BARMENBAYEV) ARMAN GIZATOVICH (2) PROPORTUNITY MANAGEMENT COMPANY LIMITED (3) SHORTINVEST SPC LIMITED (4) PROJECT SI SPC LIMITED

ASKHAT SHARIPOV ILDAROVICH v (1) BAEV (FORMERLY BARMENBAYEV) ARMAN GIZATOVICH (2) PROPORTUNITY MANAGEMENT COMPANY LIMITED (3) SHORTINVEST SPC LIMITED (4) PROJECT SI SPC LIMITED

CASE No: AIFC-C/CFI/2025/0019
05.11.2025
Keywords
# Default judgment
# Set-aside application
# Service of claim
# Contract dispute
# Investment agreement
# Penalty clause
# Court order
Judges
Tom Montagu-Smith КC
Summary
The Court considered the Second Defendant’s application to set aside a default judgment entered in favour of the Claimant in a dispute over an investment agreement. The Court Order dismissed the application, finding that the claim had been properly served and that the Defendant had no real prospect of successfully defending the claim. The default judgment therefore remains in force. Download PDF

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