TAI MA HEAVY MACHINERY (M) SDN BHD v 1. ) VISI NUSAJAYA SDN BHD 2. ) LOGAMURTHY A/L MURUGIAH 3. ) PEMBINAAN DAYA TEKAD SDN. BHD. 4. ) Kementerian Tenaga, Teknologi Hijau Dan Air 5. ) KERAJAAN PERSEKUTUAN MALAYSIA

wa-22ncvc-711-12-2023 High Court (Mahkamah Tinggi) 6 January 2025 • WA-22NCvC-711-12/2023

Catchwords

Mareva Injunction. The plaintiff sought a Mareva injunction to restrain the defendants from disposing of assets up to RM10,315,981.42 and to compel disclosure of assets. The application was dismissed. Court found that the plaintiff failed to establish the essential criteria: a good arguable case, real risk of asset dissipation and proper pleading of fraudulent trading. The Court emphasized the necessity of solid evidence over mere suspicion, strict adherence to pleadings and the limited scope of Mareva injunctions.

Judges (1)

Ahmad Shahrir b. Mohd Salleh Delivered

Parties (6)

Kementerian Tenaga, Teknologi Hijau Dan Air Defendant Kerajaan Persekutuan Malaysia Defendant PEMBINAAN DAYA TEKAD Sdn Bhd Defendant TAI MA HEAVY MACHINERY Sdn Bhd Plaintiff VISI NUSAJAYA Sdn Bhd Defendant Logamurthy a/l Murugiah Defendant

Judgment

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Source: eJudgment (wa-22ncvc-711-12-2023)