THANAKHARN KASIKORN THAI CHAMKAT (MAHACHON) also known as KASIKORNBANK PUBLIC COMPANY LIMITED (Appellant) v AKAI HOLDINGS LIMITED (IN LIQUIDATION) (Respondent)

Read the full judgment text of FACV No. 16 of 2009 on BabelCite. This Court of Final Appeal judgment was delivered on 11 June 2010 before Mr Justice Bokhary PJ.

Civil procedure – cross-appeal – leave to appeal – conditions – Court of Final Appeal – s.25, s.46, s.24 of the Court's statute – respondent seeking to improve result must obtain leave – grant of leave liable to conditions – application to Appeal Committee – costs in cross-appeal – High Court dismissed action – Court of Appeal entered judgment for US$22.5 million – appellant bank appealed to CFA – respondent company sought to increase award to US$52.8 million – held: leave required for cross-appeal – conditions may be imposed under s.25 – directions given for application to Appeal Committee – costs of application to be appellant's costs in cross-appeal.

Legal issues: Need for leave to cross-appeal · Conditions on grant of leave

Outcome: Directions given: Akai's application for leave to cross-appeal and related matters to go straight to Appeal Committee; costs of this application to be Kasikornbank's costs in the cross-appeal.