13 Sept 2024
ANG TECK LEE STRAIGHT ENGINEERING SDN BHD (IN LIQUIDATION)
- Citation
- BA-28PW-106-04/2023 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- BA-28PW-106-04/2023 (Mahkamah Tinggi)
The liquidator's rejection of the Proof of Debt is upheld because the claimant failed to provide verifiable, contemporaneous company records or credible evidence that the company received and authorized the loan; discrepancies in bank records and refusal of discovery undermined credibility, and the delay in rejection was justified by ongoing investigations so Rule 98 did not automatically invalidate the decision.