Ex Parte Summons Re: MDollaz Ltd. (trading as ArawakX) Filed 18 Sep 2023

COMMONWEALTH OF THE BAHAMAS IN THE SUPREME COURT Commercial Division

2023 COM/com/

IN THE MATTER of the Companies Act, 1992.

AND

IN THE MATTER of an Application under the Securities Industry Act, 2011.

AND

IN THE MATTER of MDollaz Ltd. (trading as Arawak X), a Registered Marketplace and Clearing Facility

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EX PARTE SUMMONS

TAKE NOTICE THAT The Securities Commission of the Bahamas intends to apply to a Justice of The Supreme Court in Chambers at the Supreme Court Complex, Ansbacher House, Nassau, The Bahamas on the 15th day of September, 2023 at 12 o’clock in the forenoon for an Order hereby restraining the Company whether acting by any director, officer, or other agent or howsoever otherwise from soliciting any financial assistance from the public or from any person whatsoever or charging, pledging, hypothecating, transferring, borrowing, transacting or in any way whatsoever, handling or dealing with clients’ assets, whether by instruction, or for the benefit, of the clients or making advances to the credit of unrelated parties such balances as shall be held on account standing to the credit of clients of MDollaz, until the hearing of the Petition or further Order in the meantime.

DATED this day of September, A. D. 2023.

REGISTRAR

This Summons was taken out by Mr. Michael Scott, K.C., Counsel for the Petitioner, the Securities Commission of the Bahamas, Poinciana House, 31A East Bay Street, Nassau, Bahamas.

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COMMONWEALTH OF THE BAHAMAS

IN THE SUPREME COURT

Commercial Division

IN THE MATTER of the Companies Act, 1992

AND

IN THE MATTER of an Application under the Securities Industry Act, 2011

AND

IN THE MATTER of MDollaz Ltd.

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EX PARTE SUMMONS

2023

COM/com/

Michael Scott, K.C. Scott and Co.

Securities Commission of the Bahamas Poinciana House 31A East Bay Street Nassau, Bahamas.

Attorney for the Petitioner