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Can A Company Be Wound Up On A CIPAA Decision? - Litigation, Mediation & Arbitration

The Court of Appeal in  Likas Bay Precinct Sdn Bhd v Bina Puri Sdn Bhd  [2019] 3 MLJ 244, held that a successful claimant in adjudication proceedings is not required to enforce the adjudication decision before issuing a statutory notice of demand. However, in  ASM Development (KL) Sdn Bhd v Econpile (M) Sdn Bhd  (Case No. WA-24NCC-363-07/2019), the High Court recently allowed the plaintiff s application for a Fortuna Injunction, which restrained the successful party in a CIPAA proceeding from presenting a winding-up petition against the losing party who failed to pay the adjudicated sum pursuant to the CIPAA decision. This article summarizes the decision of the High Court

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