10 Jan 2023
PEMPETISYEN 1. ) HSBC AMANAH MALAYSIA BERHAD 2. ) AMBANK ISLAMIC BERHAD 3. ) BANK ISLAM MALAYSIA BERHAD 4. ) MIDF AMANAH INVESTMENT BANK BERHAD 5. ) STANDARD CHARTERED BANK MALAYSIA BERHAD 6. ) UNITED OVERSEAS BANK (MALAYSIA) BHD SERBA DINA
- Citation
- WA-28NCC-346-04/2022 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-28NCC-346-04/2022 (Mahkamah Tinggi)
The application to adjourn was dismissed because the applicant's assertions that sales outside winding-up would realise greater value were bare averments unsupported by evidence, were contradicted by interim liquidator reports showing insolvency and a deficit, material assets were contested, and the respondent failed to provide mandatory disclosure to the IL; delaying the hearing would prejudice creditors and was therefore not justified.