Malaysia Case Law: Decisions & Judgments

Topic

Liquidator misconduct

Legal area

Court

11 Apr 2025

1. ) Dato' Chang Jong Yu 2. ) Iconic Bina Sdn Bhd 3. ) Laman Kejora Sdn Bhd 4. ) Permai Ikhlas Sdn Bhd 5. ) Cerah Teguh Sdn Bhd 1. ) Kuala Ibai Property Sdn Bhd 2. ) Modern Mode Sdn Bhd 3. ) Saham Terbilang Sdn Bhd 4. ) Woo Thin Choy 5. ) C

Citation

W-02(IM)(NCC)-1912-11/2024 (Mahkamah Rayuan)
Court

IM
Case number

W-02(IM)(NCC)-1912-11/2024 (Mahkamah Rayuan)

The Court of Appeal allowed the appeal, finding that section 351 CA 2016 provides a broad, independent statutory remedy that can operate alongside winding up proceedings; the appellants as affected creditors had sufficient interest for a s.351 injunction; the Respondents' conduct and the Liquidator's actions gave rise to prima facie contraventions of the Companies Act (including ss.472, 486(2), 527(10), 528), and therefore an injunction restraining transfers or creation of interests in the specified lands pending disposal of Suit 133 was appropriate.
11 Oct 2022

Tengku Reza Shah Bin Tengku Chaidzir Shah 1. ) ASIAPURA LANDS SDN. BHD. 2. ) Kang Hock Hin 3. ) PENDAFTAR HAKMILIK NEGERI JOHOR 4. ) Gavin Low Peng Kuan 5. ) BRUMASI HOLDINGS SDN BHD 6. ) TEO CHENG HUA 7. ) BUMACI HOLDINGS SDN. BHD. 8. ) SO

Citation

JA-22NCvC-258-12/2018 (Mahkamah Tinggi)
Court

High Court
Case number

JA-22NCvC-258-12/2018 (Mahkamah Tinggi)

The consent order in Suit 171 could not be set aside because the Plaintiff was not a party to that suit and therefore lacked locus standi; the consent order was recorded after judicial mediation with counsel who had authority to bind D5, making the order binding; and setting it aside would affect the interests of a third party (Bangsar Heights Pavilion) not joined to this action. As a result, the court limited relief to awarding damages against those found to have conspired/misconducted (D2, D7 and D8) rather than nullifying the consent order or transfers.

Malaysia Case Law

1. ) Dato' Chang Jong Yu 2. ) Iconic Bina Sdn Bhd 3. ) Laman Kejora Sdn Bhd 4. ) Permai Ikhlas Sdn Bhd 5. ) Cerah Teguh Sdn Bhd 1. ) Kuala Ibai Property Sdn Bhd 2. ) Modern Mode Sdn Bhd 3. ) Saham Terbilang Sdn Bhd 4. ) Woo Thin Choy 5. ) C

Tengku Reza Shah Bin Tengku Chaidzir Shah 1. ) ASIAPURA LANDS SDN. BHD. 2. ) Kang Hock Hin 3. ) PENDAFTAR HAKMILIK NEGERI JOHOR 4. ) Gavin Low Peng Kuan 5. ) BRUMASI HOLDINGS SDN BHD 6. ) TEO CHENG HUA 7. ) BUMACI HOLDINGS SDN. BHD. 8. ) SO