24 Apr 2026
ECONPILE (M) SDN BHD 1. ) IRDK VENTURES SDN BHD (DALAM LIKUIDASI) 2. ) TAN SRI DATO SRI DR. RAMASAMY A/L MUTHUSAMY 3. ) PUAN SRI DATIN SRI DR INDRA GHANDI A/P ELAYAPPAN
- Citation
- WA-22NCC-39-02/2023 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-22NCC-39-02/2023 (Mahkamah Tinggi)
On the facts the court found that D2 was the directing mind of D1 and that a concerted pattern of wrongful termination, non-payment, delays and dissipation of SPA proceeds was established; plaintiff's cause of action was postponed by discoverability of fraudulent dissipation until 17-6-2016 so the claim was within limitation; estoppel by election did not bar the conspiracy claim; the corporate veil was disregarded to hold D2 jointly and severally liable; compensatory relief equals the proof of debt sum accepted by the liquidator, exemplary damages of RM500,000 were awarded to punish D2, plus…