11 Oct 2024
1. ) CHINA MACHINERY ENGINEERING CORPORATION 2. ) CHINA MACHINERY & EQUIPMENT (HK) CO. LTD. 3. ) CHINA MACHINERY INTERNATIONAL ENGINEERING DESIGN & RESEARCH INSTITUTE CO. LTD. 4. ) MATTAN ENGINEERING SDN BHD 1. ) BGMC BRAS POWER SDN BHD 2.
- Citation
- WA-24C-2-01/2024 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-24C-2-01/2024 (Mahkamah Tinggi)
Plaintiffs failed to satisfy the high threshold required to restrain a demand on unconditional on‑demand performance bonds: the evidence did not establish a seriously arguable case of unconscionable conduct or that the only realistic inference was unconscionability. The beneficiaries acted within contractual rights (including conducting PR tests and assessing EoT) and the disputes are essentially contractual matters for arbitration. Accordingly, the interlocutory injunctions sought were refused and costs awarded against Plaintiffs.