TRANSNAV PURPOSE NAVIGATION LIMITED V VELCAN ENERGY HOLDINGS DUBAI LTD

Issue:

This appeal is against the judgment of the lower court allowing the appeal of the 1st and 2nd Respondents, who were interveners in the suit before the trial court and directed that the matter be remitted back to the trial court for accelerated hearing of the 1st and 2nd Respondents pending the application which was not determined as a result of his earlier order staying proceedings in the suit pending the conclusion of London arbitration. The Appellant sued the 3rd Respondent for monetary reliefs in respect of a Chartered Credit Agreement (CCA) dated 30/6/2016 and in order to secure its claim, obtained an interlocutory order of arrest on 19/1/2017 vide an exparte application dated 12/1/2017. The trial court however refused the 1st and 2nd Respondents application of 19/9/2017 but stayed further proceedings in the suit. The trial court did not consider the rights and interests of the Respondents in their application of 19/9/2017, which caused them to appeal to the lower court. The lower court found that the trial court breached the Respondents rights to fair hearing and remitted the matter back to another judge for expedited hearing. The Appellant not comfortable with this has appealed to the Supreme Court.