KUALA LUMPUR (Oct 17):The High Court has granted an ad-interim injunction preventing RHB Bank Bhd from closing two long-standing accounts belonging to shipping company Maritime Network Sdn Bhd. This temporary order will remain in effect pending the hearing of the shipping company’s full application for an injunction.

Counsel P Taneswaran, who is representing Maritime Network, confirmed that Judicial Commissioner Eddie Yeo Soon Chye issued the order during proceedings held in chambers on Thursday.

Maritime Network, through its director Datuk Seri R Jeyenderan and its legal firm Messrs Tanes, Khoo & Paulraj, filed its application on Wednesday. A certificate of urgency had been submitted a day earlier, requesting an immediate hearing.

An ad-interim injunction is a temporary court order typically granted upon the request of one party before a full hearing. Its main purpose is to preserve the status quo — the current state of things — until both sides can present their arguments at a hearing involving all partie.

Court filings show that Jeyenderan sought the ad-interim injunction because the company had received a termination notice from RHB dated Oct 1. The notice stated that the bank intended to close Maritime Network’s two accounts within 14 days of the letter.

Maritime Network has maintained both a multi-currency account and a current account with RHB since Sept 23, 2005.

In its termination letter, the bank cited an "alleged breach of internal policies and guidelines" as the reason for the closure…

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