EXPORT-IMPORT BANK OF MALAYSIA BERHAD v Lim Yaw Boon
wa-22ncc-190-04-2023 High Court (Mahkamah Tinggi) 29 September 2025 • WA-22NCC-190-04/2023 • 13 min read
10 cases cited
(0 SG, 10 foreign)
Catchwords
Arbitration — Stay of proceedings — Application under section 10 of the Arbitration Act 2005 — Statutory requirements for a stay Arbitration agreement — Interpretation of dispute resolution clause — Clause 9.14 of Personal Guarantee Agreement — Whether arbitration is mandatory or optional Inoperative agreement — Whether arbitration agreement becomes inoperative once a party exercises a contractual right to litigate — Section 10(1) of the Arbitration Act 2005. Civil Procedure — Step in the proceedings — Definition of "taking a step" under section 10 of the Arbitration Act 2005 — Whether filing an application to set aside a judgment in default (JIDA) constitutes a step Judgment in Default — Whether setting aside JIDA is a "defensive action" to preserve rights — Relationship between setting aside JIDA and stay of execution Stay of Execution — Application to stay execution of JIDA pending setting aside — Whether such application disentitles a party from seeking a stay pending arbitration.
Practice Areas
Counsel (4)
Case Significance
EXPORT-IMPORT BANK OF MALAYSIA BERHAD v Lim Yaw Boon is a High Court (Mahkamah Tinggi) decision dated September 29, 2025 (citation: wa-22ncc-190-04-2023). The case was decided by Muhammad Adam @ Edward bin Abdullah.
Key issues: Arbitration — Stay of proceedings — Application under section 10 of the Arbitration Act 2005 — Statutory requirements for a stay.
What was the outcome of EXPORT-IMPORT BANK OF MALAYSIA BERHAD v Lim Yaw Boon?
EXPORT-IMPORT BANK OF MALAYSIA BERHAD v Lim Yaw Boon is a High Court decision dated September 29, 2025. The case was heard by Muhammad Adam @ Edward bin Abdullah. See the full judgment for details.
Statutes Cited
Arbitration Act 2005 (Cap 646)
s 10
Cases Cited (10)
UK (4)
[1915] 3 KB 167 [1937] 2 All ER 646 [1937] AC 473 [1942] AC 356
MY (6)
[1994] 1 CLJ 328 [1994] 1 MLJ 312 [2013] 4 MLJ 857 [2016] 5 MLJ 417 [2020] 3 MLJ 545 [2020] MLJU 232
Judgment
Read the full judgment on the official Malaysia Courts portal.
Read on eJudgmentSource: eJudgment (wa-22ncc-190-04-2023)