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W & R RESOURCES Sdn Bhd

Organisation 1 case

About W & R RESOURCES Sdn Bhd

W & R RESOURCES Sdn Bhd appears as a party in 1 judgment in the MY Case Law database, spanning March 2025 to March 2025. W & R RESOURCES Sdn Bhd appeared as defendant in 1 case. Cases span the High Court (1).

How many court cases involve W & R RESOURCES Sdn Bhd?

W & R RESOURCES Sdn Bhd appears in 1 published judgment from March 2025 to March 2025. Most commonly as defendant (1 cases).

Practice Areas

law on mareva injunction-sole purpose of a Mareva injunction was to prevent a plaintiff being cheated out of the proceeds of an action-For a Mareva application, there are three pre-requisites to satisfy before the court may issue a Mareva injunction-(a) the applicant must show that it has a good arguable case; -(b) that the defendants have assets within jurisdiction; and -(c) that there is a risk of the assets being removed before judgment could be satisfied.-The test for a ‘good arguable case’ is one which is more than barely capable of serious argument but not necessarily one which has to be better than 50% chance of success-lifting of corporate veil to hold persons and corporate entities liable for fraud-there subsists a long line of authority over the years in Malaysia which recognises that fraud, whether common law fraud or fraud in equity permits the court disregarding of the corporate personality-a ‘worldwide’ Mareva injunction may even be granted where the assets which are to be frozen are wholly located abroad or where some of the assets are within the jurisdiction and some are abroad-found that there was a risk of dissipation as the Court of Appeal found that there were inconsistencies in the documents and the defendant’s defence and affidavit-the defendant’s conduct was lacking in probity and honesty, thus, a real risk exists that the defendant would dissipate his assets-In determining whether there is a risk of assets being removed, lack of probity and honesty can be determining factors, in drawing a conclusion that there is such a risk of dissipation- 1

Defendant (1)