Reliance Infrastructure Ltd v Shanghai Electric Group Co Ltd 2024 SGHC-I 8 - Judgment - 16 April 2024
Country
Year
2024
Summary
Introduction
In Reliance Infrastructure Ltd v Shanghai Electric Group Co Ltd [2024] SGHC(I) 3 ("Reliance Infrastructure (Merits)") at [143], we dismissed the application brought by the claimant, Reliance Infrastructure Limited ("Reliance Infrastructure"), in SIC/OA 1/2023 ("OA 1"), to set aside an arbitral award which had awarded damages to the defendant, Shanghai Electric Group Co Ltd ("Shanghai Electric"). Accordingly, we awarded costs to Shanghai Electric (see Reliance Infrastructure (Merits) at [143]).
However, Reliance Infrastructure and Shanghai Electric ("the Parties") were unable to agree on the amount of costs. Having considered Parties' submissions, we award costs to Shanghai Electric in the amount of US$734,660.02, for the reasons which follow.
Civil Procedure - Costs - Principles - Principles on assessment of costs for proceedings in Singapore International Commercial Court - Reasonableness and proportionality of costs - Disparity between quantum of costs estimates of parties - Factors relevant to assessment of reasonableness and proportionality of costs awarded pursuant to Order 22 rule 3(2) of Singapore International Commercial Court Rules 2021.