1 Jul 2025
Perbadanan Kemajuan Negeri Selangor (PKNS) Tinta Anggun Engineering Sdn. Bhd (In Liquidation) PENCELAH NG YIN MENG PIHAK TERKILAN MAYBANK ISLAMIC BERHAD
- Citation
- WA-28PW-389-06/2024 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-28PW-389-06/2024 (Mahkamah Tinggi)
Having regard to post‑hearing creditor sentiment (withdrawal of Maybank's opposition), the predominance of creditor support by value, the substantial unexplained diminution of assets, material discrepancies in the Statement of Affairs and OR report, and the project's complexity requiring specialist rehabilitation and forensic skills, the Court exercised its discretion under the Companies Act 2016 to substitute the Official Receiver with the nominated private liquidator to better protect the interests of creditors, purchasers and other stakeholders, subject to a Committee of Inspection and Cou…