10 May 2021
PESTECH TECHNOLOGY SDN BHD LION PACIFIC SDN BHD
- Citation
- BA-24NCC-33-02/2021 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- BA-24NCC-33-02/2021 (Mahkamah Tinggi)
Court granted the Erinford injunction to preserve the status quo pending determination of the Plaintiff's appeal because the appeal would be rendered nugatory if the winding up petition proceeded; balance of convenience favored the Plaintiff given risk of irreparable harm to ongoing contracts; court exercised discretion to require security and ordered the Plaintiff to deposit RM5,000,000 into court by 1.6.2021, funds to remain until disposal of the appeal; no order as to costs.