30 Apr 2025
PEMPETISYEN Ooi Boon Seong Plot Design Sdn Bhd
- Citation
- WA-28NCC-1153-12/2024 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-28NCC-1153-12/2024 (Mahkamah Tinggi)
The company is a quasi‑partnership controlled equally by two shareholders whose relationship has irretrievably broken down, producing a persistent deadlock that prevents proper governance (no auditors or accounts since 2021) and the business is effectively defunct; on these facts it is just and equitable to wind up the company and appoint liquidators; the respondent's proposal to take shares without paying consideration was rejected as wrongful.