30 Jul 2025
CX GROCERY SDN BHD TENG YUE OVERSEAS CONSTRUCTION SDN BHD
- Citation
- JA-28PW-30-04/2024 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- JA-28PW-30-04/2024 (Mahkamah Tinggi)
Leave was granted because the liquidator had unreasonably delayed or failed to act with promptitude or show a positive intention to continue the arbitration; substantial amounts were already paid to AIAC, the respondent’s counterclaim was material (over RM30m) and the applicant undertook to fund the arbitration, creating no demonstrated detriment to the estate and justifying court intervention under s486(2).