CL-2025-000062 - [2025] EWHC 1506 (Comm)

Rolls Building

Fetter Lane

London

EC4A 1NL

Before:

MRS JUSTICE COCKERILL DBE

Between:

ERAAYA LIFESPACES LIMITED

Claimant/Applicant/Cross-Applicant

- and -

(1) ELARA CAPITAL PLC

Defendant/First Respondent/Cross-Respondent

(2) MULTITUDE GROWTH FUNDS LIMITED

(a company incorporated under the laws of Mauritius)

(3) BULL VALUE INCORPORATED VCC SUB-FUND

(a company incorporated under the laws of Mauritius)

(4) SELVI CAPITAL PLC

(a company incorporated under the laws of the Cayman Islands)

Proposed Defendants/Second to Fourth Respondents/Cross-Applicants

Harish Salve KC, Peter Head, Marlena Valles and Viksit Arora (instructed by Gresham Legal) for the Claimant

Matthew Parker KC (instructed by CND Parker)for the First Respondent

Robert Anderson KC, Carmine Conte and Tom Watret (instructed by Hogan Lovells)for the Second to Fourth Respondents

Hearing date: 30 April, 1 May 2025

APPROVED JUDGMENT

This judgment was handed down remotely by the judge and circulated to the parties’ representatives by email.  The date and time for hand-down is deemed to be Wednesday 18 June 2025 at 10:00am