13 Oct 2022
Vinesh Mathew Varghese and Esvine Maria Anne a/p Saganathan for the Applicants [Messrs Teja Singh Penesar & Co.] Pamela Ephraim for the Respondent [Messrs Epharim & Associates]
- Citation
- WA-28PW-218-04/2022 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-28PW-218-04/2022 (Mahkamah Tinggi)
Applicants failed to show cause to remove the liquidator; evidence established the liquidator complied with statutory duties and acted bona fide and reasonably given injunctions and pandemic measures, but the court found the 2% administrative fee plus vetting fee for transfers unreasonable and substituted a fair flat fee of RM1,000 per transfer for the 1,476 parcels.