21 Feb 2023
ZAKRI AFANDI BIN ISMAIL 1. ) IKWAN HAFIZ BIN JAMALUDIN 2. ) ALPINE MOTION SDN. BHD.
- Citation
- WA-22NCC-21-01/2022 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-22NCC-21-01/2022 (Mahkamah Tinggi)
The injunctions were granted because the pleaded facts disclosed a prima facie cause of action and bona fide serious issues to be tried regarding the validity of the share transfers and removal as director; the balance of convenience favored preserving the Subject Shares pending trial because irreparable harm to the plaintiff’s commercial interests (including his role and liabilities in NUR Power) outweighed the defendants' prejudice which could be compensated by costs; delay was explained and not inexcusable; therefore interlocutory injunctions to restrain dealings with the Subject Shares we…