20 Apr 2021
NORTH SOUTH SPEED SDN BHD (NO. SYARIKAT : 497007-W) SMALL MEDIUM ENTERPRISE DEVELOPMENT BANK MALAYSIA BERHAD (NO. SYARIKAT : 49572-H) (Dahulunya dikenali sebagai Bank Perusahaan Kecil Dan Sederhana Malaysia Berhad)
- Citation
- WA-22NCVC-595-11/2015 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-22NCVC-595-11/2015 (Mahkamah Tinggi)
The court found special and exceptional circumstances: surrendering 11 buses would render the appeal nugatory and cause irreparable harm including loss of business permits and licences and irreplaceable commercial loss; the Defendant's financial ability to compensate did not negate the irreparable nature of the harm. On that basis the court exercised its discretion to grant a stay of execution and awarded costs of RM2000 to the Defendant.