1 Jan 1900
BETTER POWER (M) SDN BHD (NO. SYARIKAT: 200101008484 (544240-P)) 1. ) 1. PATICORP SDN BHD (NO. SYARIKAT: 200101013893 (5496500-P)) 2. ) 2. REAL TECH ENTREPRENEUR (M) SDN BHD (NO. SYARIKAT: 200701022118 (780133-T)) 3. ) 3. ABDUL GHAFUR BIN H
- Citation
- PA-22NCVC-136-08/2020 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- PA-22NCVC-136-08/2020 (Mahkamah Tinggi)
The Court held the plaintiff only had a good arguable case limited to RM235,378.65 against the 1st Defendant; there was no good arguable case against Defendants 2–6; the plaintiff failed to show a real risk of dissipation of assets from the escrow given shared control and absence of probity concerns (save for non-dispositive disciplinary history of one director); and the balance of convenience favoured denying the Mareva injunction because freezing funds would prejudice project completion. Accordingly the Mareva application was dismissed and prior ex parte and ad interim orders ceased.