The presidential run-off was due to take place today but the Indian Ocean island nation's top court delayed it until November 16 in a pre-dawn ruling.
"All relevant state authorities are informed that today's election cannot take place," the Supreme Court said just hours before the run-off was due to begin.
In yesterday's crucial re-vote, Maldivian Democratic Party (MDP) chief Mohammed Nasheed emerged a winner but failed to clinch 50 per cent of the votes to avoid a run-off.
Progressive Party of Maldives (PPM) leader Abdullah Yameen made a significant gain of nearly five per cent over the 25.35 per cent of votes he secured in the annulled polls and managed 30.3 per cent of the votes yesterday.
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Jumhooree Party (JP) leader and resort tycoon Gasim Ibrahim bagged 23.4 per cent of the votes as second runner up.
The court ordered all state institutions to hold the second round on November 16, saying it finds Saturday "the best date to hold the run-off".
Ibrahim had asked the court for more time to tell his supporters which way to vote in the run-off between Nasheed and Yameen, half-brother of former autocrat Maumoon Abdul Gayoom.
The court order came following Chief Elections Commissioner Fuwad Thaufeek's announcement that he was going ahead with the run-off agreed beforehand by the candidates, but with a five-hour delay.