16 Feb 2023
Adnan Bin Yaakob Suruhanjaya Sekuriti Malaysia
- Citation
- CA-11ANCvC-4-09/2022 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- CA-11ANCvC-4-09/2022 (Mahkamah Tinggi)
The High Court dismissed the appeal and upheld the Magistrate's summary judgment because the appellant had contemporaneously admitted the material omission in the abridged prospectus, there were no triable issues or credible denials to necessitate a full trial, and procedural fairness was observed through the show cause and appeal process, making summary judgment appropriate.