Bank of Baroda & Ors v GVK Coal Developers (Singapore) Pte Ltd & Ors [2022] EWHC 1916 (Comm) (13 June 2022)

Bank of Baroda & Ors v GVK Coal Developers (Singapore) Pte Ltd & Ors [2022] EWHC 1916 (Comm) (13 June 2022)

Costs of the application are costs in the case due to contested success; wasted costs are payable by defendants to claimants on a standard basis due to late application and expert unavailability.

Source-derived case information.

Citation
[2022] EWHC 1916 (Comm)
Parties
Claimant: Bank of Baroda (acting by its Ras Al Khaimah branch); Claimant: Bank of India (acting by its London branch); Claimant: Canara Bank (acting by its London branch); Claimant: ICICI Bank Limited (acting by its Bahrain, Dubai, and OBU branches); Claimant: Indian Overseas Bank (acting by its Large Corporate branch, India); Claimant: Axis Bank Limited; Defendant: GVK Coal Developers (Singapore) Pte Ltd; Defendant: Black Gold Ventures Pte Ltd; Defendant: Cool Water Ventures Pte Ltd; Defendant: Harmony Waters Pte Ltd; Defendant: GVK Natural Resources Private Limited; Defendant: GVK Power and Infrastructure Limited; Defendant: GVK Resources (Singapore) Pte Ltd; Defendant: GVK Coal Resources (Singapore) Pte Ltd; Defendant: GVK Coal Infrastructure (Singapore) Pte Ltd; Defendant: GVK Coal Exploration & Production Pte Ltd
Jurisdiction
England and Wales
Judgment Date
13 June 2022
Procedural Posture
Commercial Court Application / Costs Ruling Following Adjournment
Outcome
Costs of the application are costs in the case; wasted costs payable by defendants to claimants on a standard basis.
Legal Topics
Costs, Adjournment, Wasted Costs
Civil Procedure Costs Adjournment Wasted Costs

Source-derived case record

Summary, issues, holding and outcome

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Parties

Bank of Baroda (acting by its Ras Al Khaimah branch)

Claimant

Bank of India (acting by its London branch)

Claimant

Canara Bank (acting by its London branch)

Claimant

ICICI Bank Limited (acting by its Bahrain, Dubai, and OBU branches)

Claimant

Indian Overseas Bank (acting by its Large Corporate branch, India)

Claimant

Axis Bank Limited

Claimant

GVK Coal Developers (Singapore) Pte Ltd

Defendant

Black Gold Ventures Pte Ltd

Defendant

Cool Water Ventures Pte Ltd

Defendant

Harmony Waters Pte Ltd

Defendant

GVK Natural Resources Private Limited

Defendant

GVK Power and Infrastructure Limited

Defendant

GVK Resources (Singapore) Pte Ltd

Defendant

GVK Coal Resources (Singapore) Pte Ltd

Defendant

GVK Coal Infrastructure (Singapore) Pte Ltd

Defendant

GVK Coal Exploration & Production Pte Ltd

Defendant

Procedural Posture

Commercial Court Application / Costs Ruling Following Adjournment

Legal Issues

  1. 1 Who should bear the costs of the application to adjourn
  2. 2 Whether wasted costs should be paid and on what basis

Ratio Decidendi

Costs of the application are costs in the case due to contested success; wasted costs are payable by defendants to claimants on a standard basis due to late application and expert unavailability.

Court Disposition

Costs of the application are costs in the case; wasted costs payable by defendants to claimants on a standard basis.

Orders

  • Costs of the application are costs in the case.
  • Defendants to pay wasted costs to claimants on a standard basis.