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ARTICLE · 09 AUGUST 2023

The Chabra Jurisdiction In Cyprus Courts

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The landmark case TSB Private Bank International SA vs. Chabra [1992] 1 WLR 231, established what we now refer to as 'Chabra jurisdiction'. This case involved TSB (the claimant bank) and Mr. Chabra (the defendant).

CyprusLitigation, Mediation & Arbitration
Angelos Paphitis
Angelos Paphitis
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The Case of TSB Private Bank International SA vs. Chabra

The landmark case TSB Private Bank International SA vs. Chabra [1992] 1 WLR 231, established what we now refer to as 'Chabra jurisdiction'. This case involved TSB (the claimant bank) and Mr. Chabra (the defendant). TSB, having a claim against Mr. Chabra, sought to secure their position by obtaining a worldwide freezing order (WFO) against him. Significantly, the WFO extended beyond the assets of Mr. Chabra to include those held by a company incorporated in the Cayman Islands. Although Mr. Chabra had no legal interest in this company, the court concluded that he could likely dissipate the company's assets to escape the claim.

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