4 Sept 2021
KNM PROCESS SYSTEMS SDN. BHD. 1. ) CECA GOLD COMPANY LIMITED 2. ) MBSB BANK BERHAD
- Citation
- BA-24C(ARB)-3-05/2021 (Mahkamah Tinggi)
- Court
- ARB
- Case number
- BA-24C(ARB)-3-05/2021 (Mahkamah Tinggi)
Plaintiff may apply to the High Court under s11 notwithstanding a contractual multi-tier dispute resolution clause where clause permits court relief and s11 confers a statutory right; however, the court must refuse interim relief where the applicant fails to establish the required statutory and equitable thresholds — here the plaintiff breached the EPC Contract prior to COVID measures, the PB is an unconditional on-demand bond payable by the guarantor (2nd Defendant) and 2nd Defendant is not subject to s11, Singapore law governs the EPC Contract and expert Singapore opinion supported validity…