Mareva Injunction: history developments and application / Bunsi Kasin

The importance and the effectiveness of Mareva injunction was put to test in Malaysia in 1984 and 1985 subsequent to its emergence in 1982. This arose from the BMF scandal; the biggest financial scandal in the country to date. The Mareva injunction was granted to freeze all the movable and immov...

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Main Author: Kasin, Bunsi
Format: Student Project
Language:English
Published: Faculty of Law 1987
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/27316/
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author Kasin, Bunsi
author_facet Kasin, Bunsi
author_sort Kasin, Bunsi
building UiTM Institutional Repository
collection Online Access
description The importance and the effectiveness of Mareva injunction was put to test in Malaysia in 1984 and 1985 subsequent to its emergence in 1982. This arose from the BMF scandal; the biggest financial scandal in the country to date. The Mareva injunction was granted to freeze all the movable and immovable assets alike of the parties involved. To quote "The Star" dated Saturday, Harch 28, 1987 entitle "Hashim agrees to return more than $120 million"; "It was ordered that the Mareva injunction which the court granted on Jan, 16, 1985, freezing Datuk Hashim's assets continue to remain in force until full realisation of the money involved" The aim of this paper has three folds: 1. to study the history of the law prior to and subsequent to Mareva injunction; 2. to evaluate the development of Mareva injunction through decided cases; and 3. to layout the various factors that the parties concerned must comply with before the Mareva injunction can be granted and the parameter of the Court's jurisdiction.
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spelling uitm-273162022-12-23T08:02:39Z https://ir.uitm.edu.my/id/eprint/27316/ Mareva Injunction: history developments and application / Bunsi Kasin Kasin, Bunsi K Law in general. Comparative and uniform law. Jurisprudence KP Asia and Eurasia, Africa, Pacific Area, and Antarctica. Asia. (South Asia. Southeast Asia. East Asia) The importance and the effectiveness of Mareva injunction was put to test in Malaysia in 1984 and 1985 subsequent to its emergence in 1982. This arose from the BMF scandal; the biggest financial scandal in the country to date. The Mareva injunction was granted to freeze all the movable and immovable assets alike of the parties involved. To quote "The Star" dated Saturday, Harch 28, 1987 entitle "Hashim agrees to return more than $120 million"; "It was ordered that the Mareva injunction which the court granted on Jan, 16, 1985, freezing Datuk Hashim's assets continue to remain in force until full realisation of the money involved" The aim of this paper has three folds: 1. to study the history of the law prior to and subsequent to Mareva injunction; 2. to evaluate the development of Mareva injunction through decided cases; and 3. to layout the various factors that the parties concerned must comply with before the Mareva injunction can be granted and the parameter of the Court's jurisdiction. Faculty of Law 1987 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/27316/2/27316.pdf Kasin, Bunsi (1987) Mareva Injunction: history developments and application / Bunsi Kasin. (1987) [Student Project] <http://terminalib.uitm.edu.my/27316.pdf> (Unpublished)
spellingShingle K Law in general. Comparative and uniform law. Jurisprudence
KP Asia and Eurasia, Africa, Pacific Area, and Antarctica. Asia. (South Asia. Southeast Asia. East Asia)
Kasin, Bunsi
Mareva Injunction: history developments and application / Bunsi Kasin
title Mareva Injunction: history developments and application / Bunsi Kasin
title_full Mareva Injunction: history developments and application / Bunsi Kasin
title_fullStr Mareva Injunction: history developments and application / Bunsi Kasin
title_full_unstemmed Mareva Injunction: history developments and application / Bunsi Kasin
title_short Mareva Injunction: history developments and application / Bunsi Kasin
title_sort mareva injunction: history developments and application / bunsi kasin
topic K Law in general. Comparative and uniform law. Jurisprudence
KP Asia and Eurasia, Africa, Pacific Area, and Antarctica. Asia. (South Asia. Southeast Asia. East Asia)
url https://ir.uitm.edu.my/id/eprint/27316/