Multazam Development Sdn Bhd v FGV Plantations (MALAYSIA) Sdn. Bhd. (Dahulunya dikenali sebagai FELDA Global Ventures Plantations (Malaysia) Sdn. Bhd.)

wa-24carb-28-05-2024 High Court (Mahkamah Tinggi) 28 November 2024 • WA-24C(ARB)-28-05/2024 • 8 min read
4 cases cited (0 SG, 4 foreign)

Outcome

In the circumstances, I hereby dismiss the application for security under enclosure 28 herein with costs in the cause.

Quoted verbatim from the judgment of High Court (Mahkamah Tinggi) (wa-24carb-28-05-2024). Read the full judgment on the official Malaysia Courts portal for the complete decision.

Catchwords

Enclosure 28. In the matter before this Court, the Defendant herein Felda Global Ventures Plantations (M) Sdn Bhd (“FVGP”) has applied to this Court vide enclosure 28 (Enclosure 28) for an order pursuant to section 27(7) of the Arbitration Act 2005 (AA) to inter alia stay the hearing of the Originating Summons herein (“OS”) pending disposal of FVGP’s application herein and to pay within 7 days of the Court’s Order into Court, the amount made payable to FGVP under the Final Award dated 11.1.2024 (“Award”) read together with the Additional Award dated 6.5.2024 and the corrections to the Additional Award made on 14.5.2024 pending the determination of the Setting Aside of the Award in this OS.

Practice Areas

Arbitration Civil Procedure

Judges (1)

Nadzarin bin Wok Nordin Delivered

Counsel (7)

Mohanadass Partnership Firm Raja, Darryl & Loh Firm Dianne Hong Sze Wei Counsel Defendant Lim Ven Shen Counsel Defendant Mohanadass Kanagasabai Counsel Plaintiff Ooi Huey Miin Counsel Defendant Thomas Shaun Mathews Counsel Plaintiff

Parties (2)

FGV Plantations Sdn Bhd. Sdn Bhd.) Respondent MULTAZAM DEVELOPMENT Sdn Bhd Applicant

Statutes Cited

Arbitration Act 2005 (Cap 646)
s 27(7) s 37 s 38
Rules of Court 2012

Cases Cited (4)

MY (4)
[2013] 5 AMR 68 [2013] 5 MLJ 773 [2013] MLJU 718 [2016] 11 MLJ 566

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (wa-24carb-28-05-2024)