3 Dec 2025
PASTPRESENTFUTURE SDN BHD (dahulunya dikenali sebagai Poly Ritz Development Sdn Bhd) PENCELAH 1. ) WAN SAZALI BIN WAN AB GHANI (BERTINDAK DALAM KAPASITI SEBAGAI PENTADBIR HARTA PUSAKA WAN AB GHANI BIN WAN YUSUF 2. ) KEH CHUAN SENG 3. ) TMH
- Citation
- WA-28JM-8-06/2025 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-28JM-8-06/2025 (Mahkamah Tinggi)
The court held that unsecured creditors have locus standi to intervene in judicial management proceedings; Rule 13 of the CRM Rules does not exclude unsecured creditors from being heard and only prescribes notice obligations for those entitled to appoint receivers or certain secured creditors. In view of conflicting Court of Appeal authorities, the High Court followed the decision in Maybank Investment Bank Berhad & Ors v Million Westlink Sdn Bhd and granted leave to intervene to the proposed interveners.