Nautilus Tug & Towage Sdn Bhd v 1. ) Dato' Seri Suresh Emmanuel Abishegam 2. ) Dato' Ahmad Johari bin Tun Abdul Razak 3. ) Ajaib Hari Dass 4. ) Dato' Abd Latiff bin Ahmad 5. ) Jaya Sudhir a/l Jayaram 6. ) Azian binti Abdul Aziz 7. ) Nautical Supreme Sdn Bhd 8. ) Azimuth Marine Sdn Bhd
wa-22ncc-151-03-2023 High Court (Mahkamah Tinggi) 11 December 2024 • WA-22NCC-151-03/2023 • 8 min read
1 cases cited
(0 SG, 1 foreign)
Catchwords
CIVIL PROCEDURE: Injunction – Fortuna injunction – Statutory demand under Companies Act 2016 – Whether statutory notice of demand constitutes abuse of process where debt disputed and civil proceedings pending – Whether Fortuna injunction should be granted to restrain presentation of winding-up petition – Whether winding-up notice justifiable despite pending civil suit and arbitration stay application COMPANY LAW: Winding-up – Statutory demand – Disputed debt – Whether statutory notice amounts to abuse where issued for debt subject to pending civil proceedings – Whether existence of arbitration clause and stay application affects statutory demand – Whether parallel proceedings create multiplicity and risk of inconsistent findings ARBITRATION: Stay of proceedings – Arbitration clause – Effect of mandatory stay provisions under section 10 Arbitration Act 2005 – Whether winding-up proceedings can proceed despite pending stay application – Whether winding-up notice undermines pending arbitration agreement
Judges (1)
Counsel (21)
Chetan Jethwani & Company Firm Ghandi Firm Lim Chee Wee Partnership Firm Rahmat Lim & Partners Firm Rosli Dahlan Saravana Partnership Firm Aaron Mah Zhee Haang Counsel Plaintiff Alex De Silva Counsel Defendant Austen Emmanuel Pereira Counsel Defendant Chetan Lachman Jethwani Counsel Defendant Dato' Lim Chee Wee Counsel Plaintiff Datuk DP Naban Counsel Defendant G.Ragumaren Counsel Defendant Ivy Shu Counsel Defendant Jasper Tan Li Jen Counsel Plaintiff Kanarasan a/l Ghandinesen Counsel Defendant Lee Ji Kean Counsel Defendant Lorelle Nathan Counsel Defendant S Ramesh Counsel Defendant S. Surendran Counsel Defendant Wee Hee Counsel Plaintiff Yow Pit Pin Jack Counsel Defendant
Parties (9)
AZIMUTH MARINE Sdn Bhd Defendant NAUTICAL SUPREME Sdn Bhd Defendant NAUTILUS TUG & TOWAGE Sdn Bhd Plaintiff Ajaib Hari Dass Defendant Azian binti Abdul Aziz Defendant Dato Abd Latiff bin Ahmad Defendant Dato' Ahmad Johari bin Tun Abdul Razak Defendant Dato' Seri Suresh Emmanuel Abishegam Defendant Jaya Sudhir a/l Jayaram Defendant
Statutes Cited
Companies Act 2016 (Cap 777)
Cases Cited (1)
MY (1)
[2018] 2 MLJ 450
Judgment
Read the full judgment on the official Malaysia Courts portal.
Read on eJudgmentSource: eJudgment (wa-22ncc-151-03-2023)