11 Jan 2024
ENQUEST PETROLEUM PRODUCTION MALAYSIA LTD PBJV GROUP SDN BHD
- Citation
- WA-24C-34-01/2022 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-24C-34-01/2022 (Mahkamah Tinggi)
Court found special circumstances existed (threat of execution, statutory demand and risk of appeal being rendered nugatory) and that defendant's alleged impecuniosity was not proven; accordingly granted a conditional partial stay of enforcement subject to the adjudicated sum and interest being deposited into an interest-bearing stakeholders account held by the Director of the Asian Arbitration Centre within five working days, failing which the stay will be dismissed.