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
