Tuesday, November 22, 2011

Mareva injunction

Few days ago, read a judgement of " The Board of Trustees of the Sabah Foundation, SINSURAN SDN BHD and SERANUM SDN BHD v DATUK SYED KECHIK BIN SYED MOHAMED and Zara Sdn Bhd".

From the judgement by Kota Kinabalu High Court Judge DATO’ ABDUL RAHMAN SEBLI, I notice that plantiffs applied for and obtained a " Mareva injunction".

What is actually this Mareva injunction, it is something like a freezing order.

Although plantiff at last lost the case in apex court and cost it more later, but at least a good try. Hehe...

That day learn something like mareva injuction. Hope write in this blog to refer in the future.