8 Jul 2021
Tanjung Bin Energy Sdn Bhd Tenaga Nasional Berhad
- Citation
- WA-24NCC(ARB)-21-04/2021 (Mahkamah Tinggi)
- Court
- ARB
- Case number
- WA-24NCC(ARB)-21-04/2021 (Mahkamah Tinggi)
Court held there was a valid arbitration agreement despite tiered dispute resolution and possessed jurisdiction under s.11 AA to grant interim measures before arbitration commenced; plaintiff raised a serious question; damages were likely inadequate because immediate deduction of RM191,624,300.74 would jeopardize plaintiff's operations while TNB would suffer minimal prejudice; balance of convenience favoured granting a limited interlocutory injunction to maintain the status quo pending arbitration, subject to conditions (proceed to arbitration with due despatch).