[2025] SGHC(I) 29 — DPT & Anor v DPV & Ors

Catchwords

Arbitration — Award — Recourse against award — Setting aside Arbitration — Award — Recourse against award — Breach of natural justice

Practice Areas

Arbitration

Judges (3)

Anselmo Reyes Coram Roger Giles Coram S Mohan Delivered

Counsel (16)

Calvin Liang LLC Firm Providence Law Asia LLC Firm Rajah & Tann Singapore LLP Firm Sim Chong LLC Firm Yu Law Firm Asiyah binte Ahmad Arif Counsel Respondent Avinash Vinayak Pradhan Counsel Applicant Divyesh Menon Counsel Applicant Ku Chern Ying Vanessa Counsel Applicant Liang Hanwen Calvin Counsel Respondent Poon Kin Mun Kelvin Counsel Applicant Rajiv Hariharan Counsel Respondent Sim Chong Counsel Respondent Timothy James Chong Wen An Counsel Applicant Yu Kexin Counsel Respondent Zhuo Jiaxiang Counsel Respondent

Parties (5)

DPX Respondent DPT Applicant DPU Applicant DPV Respondent DPW Respondent

Summary

Two applicants sought to set aside a SIAC partial award in a dispute over a fintech joint venture company, alleging inability to present their case and breach of natural justice. The SICC dismissed the application, finding the tribunal had adequately addressed all essential issues including the legitimacy of convertible loan note conversions and their effect on shareholdings, and that the applicants' complaints amounted to disagreements with the tribunal's reasoning rather than genuine due process failures.

Statutes Cited

Arbitration Act (Cap 10)

Companies Act (Cap 50)

s 216(1) s 216(2)(d)

International Arbitration Act (Cap 143A)

s 3

Cases Cited (24)

SG (3)

[2024] SGHC(I) 4 [2025] SGHC 181 [2025] SGHC 61

SLR (21)

[2007] 1 SLR(R) 278 [2007] 2 SLR(R) 719 [2007] 3 SLR(R) 86 [2013] 1 SLR 125 [2014] 3 SLR 481 [2015] 3 SLR 488 [2016] 5 SLR 54 [2018] 2 SLR 1311 [2018] 2 SLR 532 [2020] 1 SLR 695 [2021] 1 SLR 276 [2021] 5 SLR 1031 [2022] 1 SLR 1080 [2022] 1 SLR 505 [2022] 2 SLR 918 [2022] 3 SLR 447 [2022] 4 SLR 683 [2024] 3 SLR 169 [2024] 6 SLR 96 [2025] 1 SLR 576 [2025] 1 SLR 806