When there’s a real risk that wrongdoers will move assets out of reach, NZSK Legal — led by Khoo Ai Theng — moves same-day to freeze assets through Mareva injunction.
When NZSK Legal Pursues Mareva Relief
- Wrongdoer transferring assets to family members or trusts
- Sudden movement of company funds offshore
- Sale of company assets at undervalue
- Director paying excessive dividends or bonuses post-dispute
- Threatened insolvency engineered to defeat judgment
- Cross-border asset dissipation
Frequently Asked Questions
Q: What is a Mareva injunction in Malaysia?
A: A court order freezing a defendant’s assets to prevent dissipation pending judgment. Available where good arguable case, real risk of dissipation, and just/convenient to grant. NZSK Legal obtains Mareva relief in genuine cases.
Q: How fast can I get a Mareva injunction?
A: Ex parte applications can be heard same-day in genuine emergencies. NZSK Legal moves within hours of consultation where evidence supports urgency.
Q: What evidence supports a Mareva application?
A: Documentary evidence of dissipation risk: bank transfer records, asset transfer attempts, threatening communications. NZSK Legal compiles the evidential foundation systematically.
Q: Will I have to pay damages if the Mareva is wrongly granted?
A: Yes — Mareva applicants must give cross-undertaking in damages. NZSK Legal advises on this risk before applying.
Q: Can a Mareva freeze foreign assets?
A: Worldwide Mareva orders are available in appropriate cases. Enforcement abroad requires foreign court recognition. NZSK Legal coordinates with foreign counsel.
