DyStar Global Holdings v. Kiri Industries: Assessment of Damages and Costs for Breach of Contract
The Singapore International Commercial Court heard the case of DyStar Global Holdings (Singapore) Pte Ltd against Kiri Industries Limited and others, regarding the assessment of damages and costs following a judgment finding the defendants in breach of contract. The court, presided over by Kannan Ramesh J, Roger Giles IJ, and Anselmo Reyes IJ, awarded DyStar USD 678,480.50 in damages, inclusive of interest, and S$245,877.52 for costs and disbursements. The court considered arguments related to pre-judgment interest and the reasonableness of claimed costs, ultimately ruling in favor of DyStar.
1. Case Overview
1.1 Court
Singapore International Commercial Court1.2 Outcome
Judgment for the plaintiff against the First and Second defendants.
1.3 Case Type
Civil
1.4 Judgment Type
Judgment
1.5 Jurisdiction
Singapore
1.6 Description
Judgment on assessment of damages and costs after finding Kiri Industries breached contract with DyStar Global Holdings. Court awards USD 678,480.50 and S$245,877.52 in costs.
1.7 Decision Date
2. Parties and Outcomes
Party Name | Role | Type | Outcome | Outcome Type | Counsels |
---|---|---|---|---|---|
Kiri Industries Limited | Defendant | Corporation | Judgment Against Defendant | Lost | |
DyStar Global Holdings (Singapore) Pte Ltd | Plaintiff | Corporation | Judgment for Plaintiff | Won | |
Manishkumar Pravinchandra Kiri | Defendant | Individual | Judgment Against Defendant | Lost | |
Pravinchandra Amrutlal Kiri | Defendant | Individual | Neutral | Neutral | |
Kiri International (Mauritius) Private Limited | Defendant | Corporation | Neutral | Neutral | |
Mukherjee Amitava | Defendant | Individual | Neutral | Neutral |
3. Judges
Judge Name | Title | Delivered Judgment |
---|---|---|
Kannan Ramesh | Judge | No |
Roger Giles | International Judge | Yes |
Anselmo Reyes | International Judge | No |
4. Counsels
4. Facts
- DyStar sued Kiri for breaches of the SSSA.
- Damages were agreed at USD 542,833.53.
- A daily interest rate of USD 79.05 was agreed upon.
- The value dates for calculating damages ranged from December 2015 to August 2018.
- Proceedings commenced on January 27, 2016.
- DyStar claimed S$250,000 as professional costs and S$135,985.09 for disbursements.
- Kiri argued costs should be assessed per Appendix G of the Supreme Court Practice Directions.
5. Formal Citations
- DyStar Global Holdings (Singapore) Pte Ltd v Kiri Industries Ltd and others, Suit No 3 of 2017, [2020] SGHC(I) 07
- DyStar Global Holdings (Singapore) Pte Ltd v Kiri Industries Ltd and others, , [2020] SGHC(I) 01
- CPIT Investments Ltd v Qilin World Capital Ltd and others, , [2018] SGHC(I) 02
- B2C2 Ltd v Quoine Pte Ltd, , [2019] SGHC(I) 12
- Robertson Quay Investment Pte Ltd v Steen Consultants Pte Ltd and another, , [2008] 2 SLR(R) 623
6. Timeline
Date | Event |
---|---|
Earliest value date for FOTL breaches. | |
Latest value date for FOTL breaches. | |
Earliest value date for Hayleys breaches. | |
Latest value date for Hayleys breaches. | |
Earliest value date for Brandix breaches. | |
Latest value date for Brandix breaches. | |
Proceedings commenced. | |
Judgment reserved. | |
Judgment delivered. |
7. Legal Issues
- Breach of Contract
- Outcome: The court previously found that Kiri Industries Limited breached its contract with DyStar Global Holdings (Singapore) Pte Ltd.
- Category: Substantive
- Assessment of Damages
- Outcome: The court assessed the damages owed by Kiri Industries Limited to DyStar Global Holdings (Singapore) Pte Ltd at USD 542,833.53, plus interest.
- Category: Substantive
- Pre-Judgment Interest
- Outcome: The court awarded pre-judgment interest from the value dates of the losses, rejecting the defendant's argument for interest to run only from the commencement of proceedings.
- Category: Substantive
- Related Cases:
- [2008] 2 SLR(R) 623
- Costs
- Outcome: The court assessed the costs payable by the defendants to the plaintiff at S$245,877.52, including disbursements.
- Category: Procedural
- Related Cases:
- [2018] SGHC(I) 02
- [2019] SGHC(I) 12
8. Remedies Sought
- Monetary Damages
- Interest
- Costs
9. Cause of Actions
- Breach of Contract
10. Practice Areas
- Commercial Litigation
11. Industries
- No industries specified
12. Cited Cases
Case Name | Court | Affirmed | Citation | Jurisdiction | Significance |
---|---|---|---|---|---|
Robertson Quay Investment Pte Ltd v Steen Consultants Pte Ltd | High Court | Yes | [2008] 2 SLR(R) 623 | Singapore | Cited for the principle that a plaintiff is generally entitled to interest from when the loss accrued, but an established circumstance for a later date is where there has been unwarranted delay by the plaintiff. |
CPIT Investments Ltd v Qilin World Capital Ltd and others | Singapore International Commercial Court | Yes | [2018] SGHC(I) 02 | Singapore | Cited regarding the application of Appendix G guidelines as one factor in determining reasonable costs under Order 110 Rule 46. |
B2C2 Ltd v Quoine Pte Ltd | Singapore International Commercial Court | Yes | [2019] SGHC(I) 12 | Singapore | Cited regarding the application of Order 110 Rule 46 and the place of reasonable costs in proceedings in the SICC. |
DyStar Global Holdings (Singapore) Pte Ltd v Kiri Industries Ltd and others | Singapore International Commercial Court | Yes | [2020] SGHC(I) 01 | Singapore | The judgment in which the court directed an agreed statement of damages calculated in conformity with its reasons, together with interest. |
13. Applicable Rules
Rule Name |
---|
No applicable rules |
14. Applicable Statutes
Statute Name | Jurisdiction |
---|---|
No applicable statutes |
15. Key Terms and Keywords
15.1 Key Terms
- SSSA
- Value Dates
- Pre-Judgment Interest
- Professional Costs
- Disbursements
- Appendix G
- Case Management Conferences
- AEICs
15.2 Keywords
- breach of contract
- damages
- costs
- interest
- singapore
- commercial court
17. Areas of Law
Area Name | Relevance Score |
---|---|
Damages | 90 |
Assessment | 85 |
Costs | 80 |
Quantum | 80 |
Civil Procedure | 75 |
Commercial Disputes | 30 |
Arbitration | 25 |
Contract Law | 20 |
16. Subjects
- Contract Law
- Commercial Litigation
- Damages Assessment
- Costs