JUDGMENT

Abdoolcader FJ:

This appeal involves by way of review of the exercise of its discretion by the High Court the determination of the justification for or in the alternative at least the extent and ambit of a Mareva injunction granted to the respondent in respect of moneys due to the appellant under a contract entered into with the National Electricity Board ("the Board"). The order known as a Mareva injunction - so named after the case of Mareva Compania Naviera SA v. International Bulkcarriers SA [1980] 1 All ER 213, decided in June 1975 and the second case in which the English Court of Appeal granted this form of relief - is a species of interlocutory injunction which restrains a defendant by himself or by his agents or servants or otherwise from removing from the jurisdiction or disposing of or dealing with those of his assets that will or may be necessary to meet a plaintiff's pending claim. The policy underlying and the principles governing an order of this nature have been expounded and ossified in a catenation of congeneric cases and the relief so afforded when the circumstances of a case merit it has been acknowledged by this Court in Zainal Abidin bin Haji Abdul Rah