DJY v DJZ & Anor

[2025] SGHC(A) 18 High Court (Appellate Division) 12 September 2025 • AD/CA 97/2024 • 58 min read
18 cases cited (16 SG, 2 foreign)

Catchwords

Banking — Performance bonds — Restraining beneficiary from calling on standby letter of credit on ground of unconscionability Banking — Performance bonds — Restraining beneficiary from calling on standby letter of credit on ground of discrepancies in documents tendered

Practice Areas

Banking

Judges (3)

Hri Kumar Nair Coram Kannan Ramesh Coram Steven Chong Delivered

Counsel (11)

Drew & Napier LLC Firm WongPartnership LLP Firm Desiree Chong Ci En Counsel Respondent Foo Hsien Weng Counsel Appellant Hing Shan Shan Blossom Counsel Respondent Jill Ann Koh Ying (Xu Ying) Counsel Appellant Leau Jun Li Counsel Appellant Lim Mingguan Counsel Respondent Lin Weiqi Wendy Counsel Appellant Lu En Hui, Sarah Counsel Respondent Wee Jong Xuan Counsel Appellant

Parties (3)

DJY Appellant DJZ Respondent DKA Respondent

Case Significance

[2025] SGHC(A) 18 is a High Court (Appellate Division) decision dated 12 September 2025 concerning Banking, specifically addressing performance bonds. The judgment was delivered by Steven Chong, with Hri Kumar Nair and Kannan Ramesh on the coram. The case was brought by DJY (appellant) against DJZ and others (respondent). Legal representation was provided by WongPartnership LLP and Drew & Napier LLC. The judgment cites 18 cases (16 Singapore, 2 foreign) and references 1 statutory provision, namely the Evidence Act.

Summary

An appeal against the dismissal of an injunction application to restrain a call on a US$8.5 million standby letter of credit. The Appellate Division dismissed the appeal, finding no unconscionability in the beneficiary's call despite the appellant's evolving arguments, and awarded costs of $109,000 to the first respondent.

What was decided in [2025] SGHC(A) 18?

[2025] SGHC(A) 18 (DJY v DJZ & Anor) is a High Court (Appellate Division) decision from 12 September 2025 addressing Banking, specifically performance bonds. The judgment was delivered by Steven Chong.

Who were the parties in DJY v DJZ & Anor?

The appellant in [2025] SGHC(A) 18 was DJY, and the respondent was DJZ, DKA. Legal representation included WongPartnership LLP and Drew & Napier LLC. The case was decided on 12 September 2025 in the High Court (Appellate Division).

Which judge decided [2025] SGHC(A) 18?

[2025] SGHC(A) 18 was delivered by Steven Chong in the High Court (Appellate Division) on 12 September 2025. Hri Kumar Nair and Kannan Ramesh also sat on the coram. The case concerned Banking.

What cases and statutes does [2025] SGHC(A) 18 cite?

[2025] SGHC(A) 18 cites 18 prior decisions, including 2 from foreign jurisdictions. It references Evidence Act.

Statutes Cited

Evidence Act (Cap 97)
s 103

Cases Cited (18)

SG (2)
[2017] SGHC 127 [2024] SGHC 301
SLR (14)
[2006] 1 SLR(R) 57 [2008] 3 SLR(R) 957 [2009] 2 SLR(R) 532 [2012] 1 SLR 152 [2012] 3 SLR 125 [2012] 3 SLR 352 [2018] 1 SLR 317 [2018] 1 SLR 363 [2018] 2 SLR 1207 [2019] 2 SLR 295 [2021] 3 SLR 571 [2021] 5 SLR 934 [2024] 1 SLR 1 [2025] 1 SLR 492
UK (2)
[1960] 1 WLR 196 [1981] 3 All ER 533

Judgment

Read the full judgment on the official Singapore Courts portal.

Read on eLitigation

Source: eLitigation ([2025] SGHC(A) 18)