12 Dec 2024
Nautilus Tug & Towage Sdn Bhd 1. ) Dato' Seri Suresh Emmanuel Abishegam 2. ) Dato' Ahmad Johari bin Tun Abdul Razak 3. ) Ajaib Hari Dass 4. ) Dato' Abd Latiff bin Ahmad 5. ) Jaya Sudhir a/l Jayaram 6. ) Azian binti Abdul Aziz 7. ) Nautical
- Citation
- WA-22NCC-151-03/2023 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-22NCC-151-03/2023 (Mahkamah Tinggi)
No special circumstances justified a stay. AMSB had elected arbitration for buyout relief and cannot now pursue identical relief via an oppression action; derivative and oppression remedies are distinct and can proceed concurrently; the trial was advanced (nine days) and staying it would cause prejudice and risk inconsistent findings. Enclosure 276 (stay application) is dismissed with costs.