23 Mar 2022
PEMPETISYEN Soong Ru Yi with Elison Wong and Soong Ru Yi for the Petitioner [Messrs. Elison Wong] Gary Hwang Zhi Lit with Siew Kai Hwei and Kimberly Ng Wenn Mei (PDK) for the Respondents [Messrs. Ho Partnership] PIHAK KETIGA 1. ) Lum Man Ch
- Citation
- WA-28NCC-426-07/2021 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-28NCC-426-07/2021 (Mahkamah Tinggi)
Applicants failed to demonstrate any prejudice or a superior interest that would justify displacing the Official Receiver; the Official Receiver has comparable experience and resources, reduction of the OR's workload is not a proper basis absent proof of OR misconduct, costs of a private liquidator are higher, and majority creditor status is not determinative; accordingly the Court exercised its discretion to appoint the Official Receiver as liquidator and dismissed the motion.