13 Nov 2020
Padda Gurtaj Singh 1. Tune Talk Sdn Bhd 2.Tricor Corporate Services Sdn Bhd 3.Rebecca Kong Say Tsui
- Citation
- WA-24NCC-289-07/2020 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-24NCC-289-07/2020 (Mahkamah Tinggi)
The court stayed the originating summons and ordered referral to arbitration under s.10 Arbitration Act 2005 because the dispute over non-registration of the 431,908 shares falls within the wide arbitration clause in Clause 16 of the SHA; absence of a written notice of dispute or non-fulfilment of tiered procedural steps did not render the arbitration agreement inoperative; ss106-107 Companies Act 2016 do not on their face preclude arbitrability; stay was mandatory and costs awarded RM10,000 with direction to commence arbitration within two weeks.