26 May 2017
ISRAEL SORIN (IZZY) SHOHAT v. BALRAM CHAINRAI
- Citation
- ISRAEL SORIN (IZZY) SHOHAT v. BALRAM CHAINRAI
- Court
- Court of First Instance
- Case number
- HCCT9/2016
The Court holds it has jurisdiction to stay execution of an enforcement order equating an arbitration award with a judgment, but refused the stay on the facts because the Award Creditor held an unimpeachable award for a substantial sum, the Award Debtor had at most an arguable cross-claim, there would be substantial delay before resolution of that cross-claim and the security deposited was not sufficient to justify withholding enforcement.