13 Oct 2022
ALLTRUST INTERNATIONAL PTE LTD LAGENDA ERAJUTA SDN BHD
- Citation
- WA-37J-31-03/2021 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-37J-31-03/2021 (Mahkamah Tinggi)
The appeal was dismissed because ownership of substantial land assets (valued circa RM80,000,000 in 2019) without evidence of devaluation or of steps taken to prevent realisation constituted sufficient means to order lump sum payment under section 4(6) of the Debtors Act 1957; the 1st judgment debtor failed to demonstrate present inability to pay.