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Tribunal award ordering Nop Narongdej payment to Nopporn Suppipat reversed by Singapore Court of Appeal


Tribunal award ordering Nop Narongdej payment to Nopporn Suppipat reversed by Singapore Court of Appeal
Binding final decision absolves Mr Nop of any obligation
BANGKOK, 2021年07月01日 - (JCN Newswire) - The Singapore Court of Appeal has rendered the final decision absolving Nop Narongdej of obligation to make compound payments for the purchase of shares in Wind Energy Holding (WEH), on the grounds that the ICC Tribunal award was made in excess of jurisdiction.
Mr Pokpak Thongbhakdee, attorney-at-law for FBLP, the legal counsel for the case, reports that the Singapore Court of Appeal revoked the ICC s Arbitral Tribunal decision ordering Fullerton Bay Investment Limited (Fullerton) and KPN Energy Holding Co., Ltd. (KPNEH), both under Mr Nop, to pay Remaining Amounts and Compound Interest under an agreement to purchase shares in Wind Energy Holding Group (WEH), then held by Mr Nopporn Suppipat s companies. The Tribunal order amounted to USD525 million plus intere ....

Krung Thep Mahanakhon , Nopporn Suppipat , Nop Narongdej , Fah Pattaravejakul , Pokpak Thongbhakdee , Japan Corporate News Network , Energy Holding Co Ltd , Stock Exchange Of Thailand , Wind Energy Holding , Singapore Court , Wind Energy Holding Group , Mt Multimedia Co Ltd , Fullerton Bay Investment Limited , Remaining Amount , Compound Interest , Compounded Payments , Remaining Amounts , Stock Exchange , Japan Corporate News , ஜப்பான் பெருநிறுவன செய்தி வலைப்பின்னல் , ஆற்றல் வைத்திருத்தல் இணை லிமிடெட் , ஸ்டாக் பரிமாற்றம் ஆஃப் தாய்லாந்து , காற்று ஆற்றல் வைத்திருத்தல் , சிங்கப்பூர் நீதிமன்றம் , ம்த் மல்டிமீடியா இணை லிமிடெட் , ஸ்டாக் பரிமாற்றம் ,

Tribunal award ordering Nop Narongdej payment to Nopporn Suppipat reversed


Tribunal award ordering Nop Narongdej payment to Nopporn Suppipat reversed
Tribunal award ordering Nop Narongdej payment to Nopporn Suppipat reversed by Singapore Court of Appeal
BriefingWire.com, 6/30/2021 -
Binding final decision absolves Mr Nop of any obligation
The Singapore Court of Appeal has rendered the final decision absolving Nop Narongdej of obligation to make compound payments for the purchase of shares in Wind Energy Holding (WEH), on the grounds that the ICC Tribunal award was made in excess of jurisdiction.
Mr Pokpak Thongbhakdee, attorney-at-law for FBLP, the legal counsel for the case, reports that the Singapore Court of Appeal revoked the ICC s Arbitral Tribunal decision ordering Fullerton Bay Investment Limited (Fullerton) and KPN Energy Holding Co., Ltd. (KPNEH), both under Mr Nop, to pay Remaining Amounts and Compound Interest under an agreement to purchase shares in Wind Energy Holding ....

Nopporn Suppipat , Nop Narongdej , Fah Pattaravejakul , Pokpak Thongbhakdee , Energy Holding Co Ltd , Fullerton Bay Investment Limited , Stock Exchange Of Thailand , Wind Energy Holding , Singapore Court , Wind Energy Holding Group , Mt Multimedia Co Ltd , Remaining Amount , Compound Interest , Compounded Payments , Remaining Amounts , Stock Exchange , ஆற்றல் வைத்திருத்தல் இணை லிமிடெட் , ஸ்டாக் பரிமாற்றம் ஆஃப் தாய்லாந்து , காற்று ஆற்றல் வைத்திருத்தல் , சிங்கப்பூர் நீதிமன்றம் , ம்த் மல்டிமீடியா இணை லிமிடெட் , ஸ்டாக் பரிமாற்றம் ,