Atan Mustaffa Yussof Ahmad J:

[1] This dispute stems from a financing agreement between the plaintiff industrialist and defendant financier bank that was terminated by the latter. The plaintiff contends that the defendant bank in arbitrary fashion terminated the facility without disbursing the promised sums which remained pending fulfilment of stipulated contractual conditions and prerequisites as would reasonably enable commencement of works towards the recycling plant construction project. The defendant bank claims non-compliance of the said prerequisites for continued financial backi