JUDGMENT

Wan Muhammad Amin Wan Yahya J::

Introduction

[1] This is the Plaintiff's application in encl 3 for a Mareva injunction against the 1st to 4th Defendants ("this Application" or "Enclosure 3").

A] Salient Background Facts

[2] The parties are not in dispute regarding the essential factual background. The Plaintiff obtained an arbitral award against the 1st to 3rd Defendants ("Principal Defendants") on 16 March 2020 ("the Award"), which was subsequently enforced/registered as a judgment of the Court on 7 December 2021 ("Enforcement Judgment"). The Award has been affirmed through all levels of Court up to the Federal Court .

[3] Following registration of the Award, the Plaintiff sought to enforce the Enforcement Judgment against the Principal Defendants through Judgment Debtor Summons ("JDS") proceedings commenced on 26 May 2022. During the course of these JDS proceedings, it was discovered that the Principal Defendants had transferred assets to the 4th to 7th Defendants, with these transfers occurring largely before the Award was made in March 2020, and a few occurring after the Award but prior to its registration in December 2021. For instance, property for the 4th Defendant w