28 Mar 2020
KNM PROCESS SYSTEMS SDN. BHD. (Co. No.: 200140-X) CYPARK SDN. BHD. (Co. No.: 477910-K)
- Citation
- BA-24C(ARB)-2-02/2020 (Mahkamah Tinggi)
- Court
- ARB
- Case number
- BA-24C(ARB)-2-02/2020 (Mahkamah Tinggi)
Under the amended s 11(1) AA the court retained discretion to grant interim measures but its power is confined to the enumerated measures; plaintiff satisfied required threshold (valid arguable cause, existence of circumstances to maintain/restore status quo or prevent prejudice to arbitral process, strong prima facie/seriously arguable case of unconscionability, inadequacy of damages, balance of convenience, procedural compliance) to justify interlocutory injunctions restraining calls on two bank guarantees pending issuance of the final arbitral award; declarations and damages were improper…