1. ) ING BANK N.V. 2. ) O.W. BUNKER FAR EAST (SINGAPORE) PTE LTD v TUMPUAN MEGAH DEVELOPMENT SDN BHD
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1. ) ING BANK N.V. 2. ) O.W. BUNKER FAR EAST (SINGAPORE) PTE LTD v TUMPUAN ME... is a Federal Court (Mahkamah Persekutuan) decision dated August 12, 2025 (citation: 02i-19-06-2024w). <p>ING Bank and OW Bunker sought to enforce a foreign arbitral award registered as a judgment in the English High Court through Malaysia's Reciprocal Enforcement of Judgments Act 1958 (REJA). The Federal Court adopted the 'limited-in-scope merger approach,' holding that extraterritorially an arbitral award does not merge with the confirmation judgment, and that the award creditor may choose to enforce either under REJA or the Arbitration Act 2005. The appeal was allowed, setting aside the Court The panel comprised Abu Bakar bin Jais, Nallini Pathmanathan and Nordin bin Hassan, with Nallini Pathmanathan delivering the judgment.
Summary
ING Bank and OW Bunker sought to enforce a foreign arbitral award registered as a judgment in the English High Court through Malaysia's Reciprocal Enforcement of Judgments Act 1958 (REJA). The Federal Court adopted the 'limited-in-scope merger approach,' holding that extraterritorially an arbitral award does not merge with the confirmation judgment, and that the award creditor may choose to enforce either under REJA or the Arbitration Act 2005. The appeal was allowed, setting aside the Court of Appeal's order requiring a full trial before determination.
What was the outcome of 1. ) ING BANK N.V. 2. ) O.W. BUNKER FAR EAST (SINGAPORE) PTE LTD v TUMPUAN ME...?
<p>ING Bank and OW Bunker sought to enforce a foreign arbitral award registered as a judgment in the English High Court through Malaysia's Reciprocal ...