9 May 2024
U-LI AUTO PARTS & SERVICE SDN BHD HANBANG ALUMINIUM INTERNATIONAL SDN BHD PENCELAH LIM TECK MING PENCELAH DICADANGKAN 1. ) Tan Kok Keong 2. ) Zeta Water Sdn. Bhd.
- Citation
- BA-22NCvC-46-01/2023 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- BA-22NCvC-46-01/2023 (Mahkamah Tinggi)
Court found credible evidence that the plaintiff is controlled by foreign shareholder and director without permanent Malaysian address, has not filed financial reports, has no demonstrable assets within the jurisdiction and its business operations have ceased; therefore there is a real risk defendants would be unable to recover costs if successful. Exercising discretion under Order 23 ROC 2012 and section 580A CA 2016, the court ordered security for costs of RM50,000 for each of Enclosures 20 and 33, to be deposited within 30 days, with failure leading to striking out of the counterclaim, and…