14 Apr 2021
Pamela Ephraim for the Respondent liquidator [Messrs Hakem Arabi & Associates] LAIN-LAIN Conrad Lopez for the Petitioner [Messrs Vinu & Lopez]
- Citation
- POST WINDING UP APPLICATION NO. WA-28PW-388-10/2020 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- POST WINDING UP APPLICATION NO. WA-28PW-388-10/2020 (Mahkamah Tinggi)
Payment of RM283,236.17 made by the Liquidator under protest to obtain a developer's required clearance letter was a preferential payment recoverable by the Liquidator and must be refunded to the liquidation estate because the Strata Management Act does not displace the pari passu priority regime under Section 292 of the Companies Act 1965.