Jaswinder Singh Bahia v Inderdeep Singh Sidhu & Anor
The hearing would proceed as the Sidhus had ample opportunity to obtain representation. Compound interest at 3% over average base rate was awarded on sums owed by the Sidhus due to breach of fiduciary duty and dishonesty. Simple interest was awarded on sums owed by the Bahias. Indemnity costs were ordered against the Sidhus due to dishonest conduct. Possession of 8 King Street was ordered with a short period to vacate. The Bahias' solicitor was appointed as receiver due to efficiency and lack of valid objection.
- Parties
- Claimant: Jaswinder Singh Bahia; Defendant: Inderdeep Singh Sidhu; Defendant: A Star Liquormart Limited
- Jurisdiction
- England and Wales
- Judgment Date
- 26 April 2022
- Procedural Posture
- Civil Partnership/commercial / Post Judgment Consequentials Hearing
- Outcome
- Application to adjourn refused; consequential orders made as per judgment.
- Legal Topics
- Account of Profits, Compound Interest, Costs (indemnity and Standard), Possession Order, Appointment of Receiver
Case Brief
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Parties
Jaswinder Singh Bahia
Claimant
Inderdeep Singh Sidhu
Defendant
A Star Liquormart Limited
Defendant
Procedural Posture
Civil Partnership/commercial / Post Judgment Consequentials Hearing
Legal Issues
- 1 Whether to adjourn the consequentials hearing due to lack of representation
- 2 Whether compound or simple interest should be awarded and at what rate
- 3 Whether to order interim payments on principal and costs
Ratio Decidendi
The hearing would proceed as the Sidhus had ample opportunity to obtain representation. Compound interest at 3% over average base rate was awarded on sums owed by the Sidhus due to breach of fiduciary duty and dishonesty. Simple interest was awarded on sums owed by the Bahias. Indemnity costs were ordered against the Sidhus due to dishonest conduct. Possession of 8 King Street was ordered with a short period to vacate. The Bahias' solicitor was appointed as receiver due to efficiency and lack of valid objection.
Court Disposition
Application to adjourn refused; consequential orders made as per judgment.
Orders
- Hearing to proceed; adjournment refused.
- Compound interest at 3% over average base rate on £991,014.56 (Sidhus to Partnership) and £294,940.72 (Sidhus to ASL).
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