The High Court in Kuala Lumpur has issued an ad-interim injunction that prevents RHB Bank Bhd from closing two accounts belonging to Maritime Network Sdn Bhd, a shipping company. This temporary order will remain effective until the court hears the full application for a permanent injunction. Counsel P. Taneswaran, representing Maritime Network, confirmed that Judicial Commissioner Eddie Yeo Soon Chye granted the order during a hearing in chambers on Thursday.
Maritime Network, led by its director Datuk Seri R. Jeyenderan and supported by legal firm Messrs Tanes, Khoo & Paulraj, submitted its application on Wednesday, along with a certificate of urgency for immediate consideration. The injunction aims to maintain the status quo while both parties prepare their arguments for a complete hearing.
The dispute arose after RHB Bank issued a termination notice on October 1, indicating plans to close Maritime Network’s multi-currency and current accounts within 14 days due to an alleged breach of internal policies. Maritime Network contends that the bank did not specify these policies, creating uncertainty and denying them a fair opportunity to respond. The company claims that the bank’s actions lack legitimacy and are oppressive.
This legal conflict also ties back to a previous discovery application filed by Maritime Network, which sought to compel RHB Bank to disclose its internal guidelines regarding foreign exchange transactions. This application was dismissed by the High Court on July 2, prompting Maritime Network to file an appeal, with a hearing scheduled for December 11.
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