11 Sept 2024
SHAKIB BIN ABU BAKAR BANAFEE 1. ) AWH INTERNATIONAL LOGISTICS SDN BHD 2. ) MOHD AZIZUL BIN MOHD NASIR 3. ) AHMAD AKID BIN NOOR AZLEE
- Citation
- JA-22NCC-67-10/2023 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- JA-22NCC-67-10/2023 (Mahkamah Tinggi)
Plaintiff established a higher probability of success on the merits by demonstrating prima facie contraventions of Companies Act 2016 (conflict of interest under s.225 and impermissible financial assistance under s.123), risk of dissipation of D1's assets via the RM20,000,000 transaction and prejudice that cannot be adequately remedied by damages; accordingly the court granted mandatory/interim relief in part to restore funds and maintain pre‑EGM status quo pending trial.