19 Apr 2021
S. Dhanaraj for the Applicant [Messrs Hakem Arabi & Associates] LAIN-LAIN 1. ) Prakash for the Liquidator [Messrs Prakash Lachimanan] 2. ) Ken St James and Tan Jit Kai for the Petitioner [Messrs Ken St James]
- Citation
- POST COMPANIES WINDING UP NO. WA-28PW-140-03/2020 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- POST COMPANIES WINDING UP NO. WA-28PW-140-03/2020 (Mahkamah Tinggi)
Applicant had standing but had, by attending and supporting the Liquidator's Report and Enclosure 54 at the creditors' meeting, acquiesced to the distributions and impugned payments and delayed unreasonably; the interim distribution had prior court sanction; the liquidator had examined PODs and did not act with bias or in breach of duty; doctrines of laches, estoppel and res judicata barred the application; removal was not shown to be necessary for creditors' benefit, therefore application dismissed.