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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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