30 May 2025
TUMPUAN MEGAH DEVELOPMENT SDN BHD 1. ) ING BANK N.V 2. ) O.W. BUNKER FAR EAST (SINGAPORE) PTE LTD
- Citation
- WA-24NCC(ARB)-24-07/2023 (Mahkamah Tinggi)
- Court
- ARB
- Case number
- WA-24NCC(ARB)-24-07/2023 (Mahkamah Tinggi)
The originating summons to set aside the Malaysian Partial Final Award is dismissed: the Malaysian tribunal acted within its powers in bifurcating and deciding admissibility/res judicata first; the London Award is binding and had not been set aside at its seat; Plaintiff participated in the London arbitration and failed to pursue supervisory remedies; Plaintiff cannot challenge the London Award by commencing a fresh arbitration in Malaysia; the Plaintiff failed to prove any of the narrow statutory grounds under section 37 (including fraud, breach of natural justice or conflict with public pol…