Businesswoman Ann Narine has won a High Court judgment against Superior Concrete Inc., in rulings delivered on Tuesday by Justice Nigel Niles.
Narine, represented by attorneys Teni Housty, Shantel R. Scott-Lall and Sydney Fraser, brought claims arising from a failed merger and related business arrangements involving significant commercial assets and revenue interests.
The court rejected the company’s challenge to its jurisdiction, finding the application was filed well outside the prescribed timeframe and without any request for relief.
It also held that Superior Concrete Inc.’s participation in the proceedings amounted to submission to the court’s authority.
Default judgment was entered in Narine’s favour.
On the breach of contract claim, the court awarded $515,858,376, along with interest and costs, and ordered that additional general damages be assessed.
In a related matter, the court granted further relief, including a declaration that certain business equipment is held on trust for Narine. It ordered the defendant to return the equipment and provide full accounts within three months, and issued injunctions barring its use, sale or disposal.
Additional injunctions restrain the use or disclosure of Narine’s confidential commercial information. The court also awarded further costs and directed that damages for unjust enrichment be assessed.
Housty said the ruling underscores the need for compliance with procedural rules and affirms the jurisdiction of Guyanese courts in commercial disputes.
Narine described the decision as a step toward accountability following what she said was the wrongful termination of the business arrangement and misuse of her assets.
