COURT OF APPEAL PUTRAJAYA
RENEW CAPITAL SDN BHD & ORS – Appellant
Versus
ADM VENTURES (M) SDN BHD & ANOR AND ANOTHER APPEAL – Respondent
[1] This judgment of the Court explores whether "special circumstances" exist under which the execution of payment of a judgment debt may be stayed unconditionally and if not, whether there are factors that the Court may nevertheless have regard to that may justify a conditional stay of either the whole or part of the judgment sum pending the disposal of an appeal.
[2] The appellants were dissatisfied with part of the judgment of the High Court which heard their related disputes with the respondents in some suits consolidated and heard together. They have thus filed two applications both in encl 4 in NU 4 for Civil Appeal No: W-02(NCC)(W)-1528-08-2021 and NU5 for Civil Appeal No: W-02(NCC)(W)-1595-08-2021 to stay the execution of the judgments of the High Court below where the appellants had filed two separate appeals to the Court of Appeal.
[3] The appellants may be collectively and conveniently referred to as the Renew Capital (M) Sdn Bhd's parties or "RC Parties" and the respondents as the ADM Ventures (M) Sdn Bhd's parties or the "ADM Parties". A helpful summary of the parties prepared by the appellants' solicitors as they appeared in the High Court is s
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