Malaysia Case Law: Decisions & Judgments

Topic

Directors' deadlock

Legal area

Court

3 Feb 2025

PEMPETISYEN TELLUS RESOURCES SDN BHD IOTACS (M) SDN BHD PENCELAH 1. ) LOH SOON WAH 2. ) ANG SIEW CHENG PIHAK TERKILAN UAT AIR CONDITIONING SDN BHD

Citation

WA-28NCC-1117-11/2023 (Mahkamah Tinggi)
Court

High Court
Case number

WA-28NCC-1117-11/2023 (Mahkamah Tinggi)

Because the respondent was a 50:50 joint venture and the evidence showed litigation initiated by one shareholder bloc, refusal to approve payments, repeated procedural attacks and an entrenched board deadlock demonstrating an irretrievable breakdown of trust and confidence, the petition to wind up the company on just and equitable grounds under s465(1)(f) and s465(1)(h) CA 2016 succeeds.
7 Jun 2022

PEMPETISYEN Shim De Zhen for the Applicant [Messrs Yeoh Shim Siow & Lay Kuan] PENCELAH 1. ) Ng Joo Bun for the 1 st Intervener (Dicko Engineering Sdn Bhd) [Messrs Ng & Teo] 2. ) Idris bin Seydalavi for the 9th Intervener (Teh Teng Cheng) [M

Citation

WA-28JM-18-10/2021 (Mahkamah Tinggi)
Court

High Court
Case number

WA-28JM-18-10/2021 (Mahkamah Tinggi)

The originating summons for judicial management was dismissed because the applicant failed to prove on credible evidence that the respondent was unable to pay its debts or that judicial management would likely achieve rehabilitation or more advantageous realisation; audited and management accounts indicated sufficient assets, deadlock is not a statutory ground for judicial management, and the proposed scheme had no realistic prospect of obtaining the required creditor approval.

Malaysia Case Law

PEMPETISYEN TELLUS RESOURCES SDN BHD IOTACS (M) SDN BHD PENCELAH 1. ) LOH SOON WAH 2. ) ANG SIEW CHENG PIHAK TERKILAN UAT AIR CONDITIONING SDN BHD

PEMPETISYEN Shim De Zhen for the Applicant [Messrs Yeoh Shim Siow & Lay Kuan] PENCELAH 1. ) Ng Joo Bun for the 1 st Intervener (Dicko Engineering Sdn Bhd) [Messrs Ng & Teo] 2. ) Idris bin Seydalavi for the 9th Intervener (Teh Teng Cheng) [M