Beckkett Pte Ltd v Deutsche Bank AG: Anti-Suit Injunction & Vexatious Foreign Proceedings

In Beckkett Pte Ltd v Deutsche Bank AG, the Singapore High Court heard an appeal regarding an anti-suit injunction. Beckkett, having lost its claim for the return of pledged shares in Singapore courts, pursued a parallel action in Indonesia. The High Court, reversing the Assistant Registrar's decision, granted the anti-suit injunction, finding Beckkett's conduct vexatious and oppressive, undermining the Singapore court's jurisdiction and the principle of finality. The court restrained Beckkett from continuing proceedings in Indonesia related to the sale of pledged shares.

1. Case Overview

1.1 Court

High Court

1.2 Outcome

Appeal Allowed

1.3 Case Type

Civil

1.4 Judgment Type

Grounds of Decision

1.5 Jurisdiction

Singapore

1.6 Description

Singapore court restrains Beckkett from pursuing Indonesian action against Deutsche Bank, deeming it vexatious after Singapore judgment on pledged shares.

1.7 Decision Date

2. Parties and Outcomes

Party NameRoleTypeOutcomeOutcome TypeCounsels
Deutsche Bank AGDefendant, AppellantCorporationAppeal AllowedWon
Beckkett Pte LtdPlaintiff, RespondentCorporationAppeal DismissedLost

3. Judges

Judge NameTitleDelivered Judgment
Judith PrakashJudgeYes

4. Counsels

4. Facts

  1. Beckkett sued Deutsche Bank in Singapore over the sale of pledged shares.
  2. Beckkett also filed a suit in Indonesia seeking the return of the same shares.
  3. The Singapore Court of Appeal dismissed Beckkett's claim for the return of shares.
  4. Beckkett continued the Indonesian action despite the Singapore judgment.
  5. Deutsche Bank sought an anti-suit injunction in Singapore to restrain Beckkett's Indonesian action.
  6. The Assistant Registrar initially ordered Beckkett to elect between the Singapore and Indonesian proceedings.
  7. Deutsche Bank appealed, seeking a full anti-suit injunction.

5. Formal Citations

  1. Beckkett Pte Ltd v Deutsche Bank AG and another, Suit No 326 of 2004 (Registrar's Appeal No 99 of 2010), [2010] SGHC 284

6. Timeline

DateEvent
Deutsche Bank extended a loan to Asminco.
Deutsche Bank's sale in Indonesia of the Pledged Shares.
Sale of the Pledged Shares to PT Dianlia Setyamukti completed.
Beckkett started action against Deutsche Bank.
DSM joined as the second defendant.
Penetapans were set aside and revoked.
Judgment was delivered in the High Court.
Appeals were heard.
Beckkett filed the Indonesian action.
The Bank filed an application in the District Court.
Application rejected.
The District Court dismissed the suit.
Beckkett filed an appeal against that decision (the “First Indonesian Appeal”).
The Court of Appeal delivered judgment.
Beckkett filed a summons for directions for the assessment of damages in the Singapore High Court.
The Bank’s solicitors in Singapore wrote to Beckkett’s solicitors to ask Beckkett to withdraw the First Indonesian Appeal.
Beckkett stated that it did not intend to withdraw the First Indonesian Appeal.
The Bank’s Indonesian counsel received a notice from the High Court of Jakarta.
The Bank filed its application for an anti-suit injunction in Singapore.
Hearing of the application took place.
The final set of submissions was put in by Beckkett.
The JHC released its decision on the First Indonesian Appeal. The appeal was unsuccessful.
Beckkett lodged an appeal (the “Second Indonesian Appeal”) against this decision to the Supreme Court of Indonesia.
The AR ordered Beckkett to elect between the legal proceedings in Singapore and Indonesia.
Beckkett elected to pursue its claims and remedies in Indonesia.
The Bank lodged the present appeal.
Decision Date

7. Legal Issues

  1. Anti-Suit Injunction
    • Outcome: The court granted the anti-suit injunction, restraining Beckkett from pursuing the Indonesian action.
    • Category: Procedural
    • Sub-Issues:
      • Vexatious and Oppressive Conduct
      • Duplication of Proceedings
      • Protection of Jurisdiction
  2. Vexatious and Oppressive Conduct
    • Outcome: The court found that Beckkett's conduct in maintaining suits in both Indonesia and Singapore after the Singapore Court of Appeal rendered its judgment was vexatious and oppressive.
    • Category: Substantive
    • Sub-Issues:
      • Concurrent Proceedings
      • Abuse of Process
  3. Duplication of Proceedings
    • Outcome: The court found that the legal proceedings in Singapore and Indonesia were duplicative.
    • Category: Procedural
    • Sub-Issues:
      • Same Reliefs Sought
      • Same Parties
      • Same Underlying Bases

8. Remedies Sought

  1. Anti-Suit Injunction

9. Cause of Actions

  • Breach of Duty as Pledgee

10. Practice Areas

  • Commercial Litigation
  • International Litigation
  • Banking Litigation

11. Industries

  • Banking
  • Finance

12. Cited Cases

Case NameCourtAffirmedCitationJurisdictionSignificance
Beckkett Pte Ltd v Deutsche Bank AG and anotherHigh CourtYes[2008] 2 SLR(R) 189SingaporeSets out the facts giving rise to the original law suit.
Beckkett Pte Ltd v Deutsche Bank AG and another and another appealCourt of AppealYes[2009] 3 SLR(R) 452SingaporeSets out the facts giving rise to the original law suit and relevant findings of the Court of Appeal.
UnknownHigh CourtYes[2010] SGHC 55SingaporeAssistant Registrar's judgment giving reasons for findings.
John Reginald Stott Kirkham and others v Trane US Inc and othersCourt of AppealYes[2009] 4 SLR(R) 428SingaporeCited for the framework in relation to the principles to be applied when considering whether to grant an anti-suit injunction.
Australian Commercial Research and Development Ltd v ANZ McCaughan Merchant Bank LtdUnknownYes[1989] 3 All ER 65EnglandCited for the principle that if duplicate proceedings are conducted concurrently in two different courts or two different jurisdictions by a plaintiff, that plaintiff bears the burden of justifying the continuance of the concurrent proceedings.
Yusen Air & Sea Service (S) Pte Ltd v KLM Royal Dutch AirlinesCourt of AppealYes[1999] 2 SLR(R) 955SingaporeCited for observations of the Court of Appeal regarding compelling a plaintiff to make an election as to which set of proceedings he wishes to pursue.
Multi-Code Electronics Industries (M) Bhd and another v Toh Chun Toh Gordon and othersHigh CourtYes[2009] 1 SLR(R) 1000SingaporeEndorsed the legal principles contained in Halsbury’s Laws of England as to the options available to the court when there are concurrent and vexatious proceedings in two different jurisdictions.
Masri v Consolidated Contractors (UK) Ltd & Ors (No 3)UnknownYesMasri v Consolidated Contractors (UK) Ltd & Ors (No 3)EnglandCited for the principle that the English court will restrain relitigation abroad of a claim which has already been the subject of an English judgment.
Bank of Tokyo Ltd v Karoon (Note)UnknownYes[1987] AC 45EnglandReferred to the public interest in the finality of litigation.
Société Nationale Industrielle Aerospatiale Appellants v Lee Kui JAK and Another RespondentsPrivy CouncilYes[1987] AC 871EnglandCited for the principle that the court in deciding whether to grant an anti-suit injunction must always have regard to what the ends of justice require.
Royal Bank of Canada v Cooperatieve Centrale Raiffeisen-Boerenleenbank BAUnknownYes[2004] 2 All ER (Comm) 847EnglandCited for the principle that considerations of comity grow in importance the longer the foreign suit continues and the more the parties and the judge have engaged in its conduct and management.
Q & M Enterprises Sdn Bhd v Poh KiatHigh CourtYes[2005] 4 SLR(R) 494SingaporeCited for the importance of international comity and the domestic legal system.

13. Applicable Rules

Rule Name
No applicable rules

14. Applicable Statutes

Statute NameJurisdiction
No applicable statutes

15. Key Terms and Keywords

15.1 Key Terms

  • Anti-Suit Injunction
  • Pledged Shares
  • Vexatious Proceedings
  • Duplication of Proceedings
  • Election
  • Clean Hands
  • Jurisdiction
  • Comity
  • Finality of Litigation

15.2 Keywords

  • Anti-suit injunction
  • Singapore
  • Indonesian action
  • Vexatious
  • Deutsche Bank
  • Beckkett
  • Pledged shares
  • Concurrent proceedings

17. Areas of Law

16. Subjects

  • Civil Procedure
  • Conflict of Laws
  • Injunctions
  • Banking
  • Commercial Law