26 Apr 2022
ASM Development (KL) Sdn Bhd Econpile (M) Sdn Bhd
- Citation
- W-02(C)(A)-2365-12/2019 (Mahkamah Rayuan)
- Court
- C
- Case number
- W-02(C)(A)-2365-12/2019 (Mahkamah Rayuan)
The Court granted a stay under s16(1)(b) CIPAA because the cumulative effect of factors—pending arbitration (initiated by respondent), a Fortuna injunction, existing enforcement steps (including writ of seizure and sale), a substantial counterclaim and set-off exceeding the adjudicated sum, and material doubts about the respondent's true ability to repay—constituted special circumstances and justified exercising judicial discretion to stay enforcement pending final arbitration determination.