Is a CIPAA adjudication decision a ‘disputed’ debt in the context of winding-up?
In a recent judgment, the Court of Appeal in Sime Darby Solution Sdn Bhd v Rzh Setia Jaya Sdn Bhd overturned the High Court’s decision to grant a Fortuna injunction in relation to debt arising from a CIPAA adjudication decision. It found that the High Court had failed to strictly apply Likas Bay. The Court of Appeal’s judgment is the latest in a series of decisions dealing with the treatment of debt arising from an adjudication decision in relation to winding-up. This post looks at the decision and its significance for this area of the law. … More Is a CIPAA adjudication decision a ‘disputed’ debt in the context of winding-up?