1. Introduction
In our previous edition, we have looked into the commencement of
a legal suit. However, they may be instances where drastic measures
need to be taken in order to protect a party's rights and
sometimes there is not enough time to file in a writ and statement
of claim. For this article, we shall explore one of the more
well-known orders to freeze assets, which is the Mareva
injunction.
2. What is a Mareva Injunction?
The Mareva injunction derives its name from the case of origin,
which is Mareva Compania Naviera SA v International Bulkcarriers
SA1 . This is a temporary order which blocks the
defendant from disposing of his/ her assets until the determination
of a case that he/she is involved in. Naturally, this order will be
requested for by the plaintiff. In the local courts, it has been
defined as a form of injunction which “restrains a defendant
by himself or by his agents or servants or otherwise from removing
from the jurisdiction or disposing