15 Dec 2025
1. ) HASHIM BIN ABD RAZAK 2. ) MAIMON BINTI ABDUL RAZAK 3. ) ZAINAH MAHANI BINTI ABD RAZAK PEMBINAAN PD JAYA SDN. BHD. (Dalam Likuidasi)
- Citation
- N-02(IM)(NCvC)-1761-10/2024 (Mahkamah Rayuan)
- Court
- IM
- Case number
- N-02(IM)(NCvC)-1761-10/2024 (Mahkamah Rayuan)
The Court held the arbitration clause (Clause 27 JVA) is valid, separable and not rendered inoperative by the Respondent’s liquidation; Section 49 AA 2005 does not apply to a company in liquidation and the proper route is leave under Section 471 Companies Act 2016; the mandatory stay under Section 10 AA 2005 was rightly granted and is to be maintained; the Appellants bore the responsibility to initiate arbitration or seek the requisite leave, therefore the High Court did not err in dismissing the application to set aside the stay; appeal dismissed and High Court decision affirmed.