MR. KARIMOV RUSLAN KHAKHORKOZHAEVICH v. PRIVATE COMPANY «QUANTDART FINTECH LIMITED»

The Claimant applied to the Court for recognition and enforcement of an IAC arbitral award issued by a sole arbitrator in a dispute arising from an interest-free loan agreement. The Court found the application justified and ordered Quantdart Fintech Limited to repay the loan amount and reimburse arbitration costs to the Claimant. The Defendant was granted the right to apply to set aside the order within 7 days, with enforcement stayed until that period expired or any such application was resolved. Download PDF