ANANDA TRADING (SINGAPORE) PTE. LTD. V. PALMERSTON HOLDINGS SDN. BHD.
- Citation
- ANANDA TRADING (SINGAPORE) PTE. LTD. V. PALMERSTON HOLDINGS SDN. BHD.
- Court
- Malaysian court
The court exercised its discretion under O.23 r.1(1): foreign residency alone does not automatically require security for costs, but where the defendant holds plaintiff's progressive payments/deposits in Malaysia adequate to cover potential costs those funds are assets within the jurisdiction; accordingly security was ordered at RM10,000 per affected case while applications in three related cases were withdrawn.