HIGH COURT MALAYA KUALA LUMPUR
WAKO MERCHANT BANK (SINGAPORE) LTD – Appellant
Versus
LIM LEAN HENG & ORS – Respondent
[1] The first defendant is indebted to the plaintiffs under a judgment obtained in the Republic of Singapore which has been registered as a judgment of the High Court in Malaya under the Reciprocal Enforcement of Judgments Act 1958. Believing that the first defendant would dissipate his assets in Malaysia in order to avoid execution to satisfy the judgment, the plaintiffs applied for ex parte and obtained a Mareva injunction. Since under our Rules an injunction obtained ex parte would be of a limited duration only, the plaintiffs also filed an inter partes application for a Mareva injunction in similar terms. The application is yet to be heard.
[2] Among the assets affected by the ex parte Mareva injunction are several bank accounts, two in the name of the first defendant, two in the name of the eleventh defendant company, one in the name of the twelfth defendant company, and four in the name of the fifteenth defendant, who is the first defendant's wife. Those bank accounts are also among the assets that are the subject matter of the inter partes application.
[3] The existence and details of those bank accounts were discovered by a private investigator engaged
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.