Court of Appeal finds party’s refusal to pay deposit required by AIAC Rules rendered arbitration agreement inoperative

30 May 2024

JSB v ACSB [2024] 1 CLJ 382

The Malaysian Court of Appeal in JSB v ACSB set aside an order to stay High Court proceedings in favour of arbitration, finding the defendant’s refusal to pay its share of the deposit required by the Asian International Arbitration Centre (AIAC) had rendered the arbitration agreement inoperative.

This article by our associate firm in Malaysia, Rahmat Lim & Partners, provides an overview of the court’s decision and is available on their website.