Siraj Power Machinery And Equipment Leasing LLC v (1) Al Tajir Glass Industries LLC (2) Transnational Pallet Industries [2025] DIFC CFI 070 (28 November 2025)
The court held that the Claimant is entitled to interest on the judgment sums at 6% per annum, calculated as per the Claimant's schedule, with liability apportioned between the First and Second Defendants according to their respective obligations under the lease and amendment agreements.
Source-derived case information.
- Citation
- [2025] DIFC CFI 070
- Parties
- Claimant: Siraj Power Machinery And Equipment Leasing LLC; First Defendant: Al Tajir Glass Industries LLC; Second Defendant: Transnational Pallet Industries
- Jurisdiction
- United Arab Emirates
- Judgment Date
- 28 November 2025
- Procedural Posture
- Civil / Addendum to Judgment; Post Judgment Orders
- Outcome
- Judgment for the Claimant against both Defendants with specified sums including interest.
- Legal Topics
- Lease Agreement Enforcement, Interest on Judgment Debts, Liability Apportionment
Source-derived case record
Summary, issues, holding and outcome
More case intelligence is available
Unlock the full research layer for this judgment.
Parties
Siraj Power Machinery And Equipment Leasing LLC
Claimant
Al Tajir Glass Industries LLC
First Defendant
Transnational Pallet Industries
Second Defendant
Procedural Posture
Civil / Addendum to Judgment; Post Judgment Orders
Legal Issues
- 1 Entitlement to interest on judgment sums
- 2 Calculation and apportionment of interest liability between defendants
Ratio Decidendi
The court held that the Claimant is entitled to interest on the judgment sums at 6% per annum, calculated as per the Claimant's schedule, with liability apportioned between the First and Second Defendants according to their respective obligations under the lease and amendment agreements.
Court Disposition
Judgment for the Claimant against both Defendants with specified sums including interest.
Orders
- Judgment for the Claimant against the First Defendant in the amount of AED 10,674,099.46.
- Judgment for the Claimant against the Second Defendant in the amount of AED 8,454,461.02.
Full Case Text
Judgment text and source record
1 paragraphs
Siraj Power Machinery And Equipment Leasing LLC v (1) Al Tajir Glass Industries LLC (2) Transnational Pallet Industries [2025] DIFC CFI 070 (28 November 2025) [ Home ] [ Databases ] [ World Law ] [ Multidatabase Search ] [ Help ] [ Feedback ] [ DONATE ] The Dubai International Financial Centre You are here: BAILII >> Databases >> The Dubai International Financial Centre >> Siraj Power Machinery And Equipment Leasing LLC v (1) Al Tajir Glass Industries LLC (2) Transnational Pallet Industries [2025] DIFC CFI 070 (28 November 2025) URL: https://www.bailii.org/ae/cases/DIFC/2025/DCFI_070.html Cite as: [2025] DIFC CFI 070, [2025] DIFC CFI 70 [ New search ] [ Help ] Siraj Power Machinery And Equipment Leasing LLC v (1) Al Tajir Glass Industries LLC (2) Transnational Pallet Industries [2024] DIFC CFI 070 November 28, 2025 court of first instance - Judgments Claim No: CFI 070/2024 THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS IN THE COURT OF FIRST INSTANCE BETWEEN SIRAJ POWER MACHINERY AND EQUIPMENT LEASING LLC Claimant and (1) AL TAJIR GLASS INDUSTRIES LLC (2) TRANSNATIONAL PALLET INDUSTRIES Defendants ADDENDUM TO THE JUDGMENT OF JUSTICE THOMAS BATHURST AC KC DATED 18 NOVEMBER 2025 1. In the Judgment delivered by me in this matter on 18 November 2025, I concluded (Order 3) that the Claimant was entitled to interest. I ordered that interest be payable on the judgments entered for the Claimant against the First Defendant and the Second Defendant at the rate of 6% per annum calculated in the manner set out in the Claimant’s calculations which appear at pp. 644-648 of the Case Bundle. I also ordered that the Claimant was to provide a schedule of the amount of interest payable on those judgments which was to be added to the judgment sums. 2. The Claimant has provided the schedule which shows the interest on the Rent Invoices totals AED 108,747.47, the interest on the Consideration Invoices totals AED 77,775.08 whilst in respect of the Termination Invoice interest in respect of the purchase price payable pursuant to Provision 13(b)(ii) of the Specific Conditions under the Lease Agreement amounts to AED 552,771.23 whilst the interest in respect of the Default Value provided for in the Amendment Agreement totalled AED 108,276.85. 3. The First Defendant is liable for the interest payable in respect of all these items. Accordingly, the total amount payable by it is AED 10,674,099.46. 4. However, as the Second Defendant is only liable for the Rent Invoices and the purchase price payable pursuant to Provision 13(b)(ii) of the Specific Conditions under the Lease Agreement and is accordingly only liable for interest on those amounts. The total of such interest is the sum of AED 661,518.70. Therefore, the judgment which should be entered against the Second Defendant is for a total sum of AED 8,454,461.02. 5. Accordingly, I would vary Orders 1 and 2 of the Orders made by me on 18 November 2025 to provide as follows: (a) Judgment is entered for the Claimant against the First Defendant in an amount of AED 10,674,099.46. (b) Judgment is entered for the Claimant against the Second Defendant in an amount of AED 8,454,461.02. Issued by: Hayley Norton Assistant Registrar Date of issue: 28 November 2025 At: 2pm BAILII: Copyright Policy | Disclaimers | Privacy Policy | Feedback | Donate to BAILII URL: https://www.bailii.org/ae/cases/DIFC/2025/DCFI_070.html