8 Mar 2022
SERBA DINAMIK HOLDINGS BERHAD ERNST & YOUNG CONSULTING SDN BHD
- Citation
- WA-24NCC-506-11/2021 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-24NCC-506-11/2021 (Mahkamah Tinggi)
The court held that EYC's appointment as Special Auditor was valid: the issue had already been adjudicated in related High Court proceedings (issue estoppel), EYC possessed a registered auditor (Syarizal) within its engagement team satisfying statutory and MMLR requirements, there was no actionable misrepresentation in the LOE and the LOE and work products (including the FFU) were valid. The interlocutory application for an injunction failed because it was improperly conceived (affected third parties/regulators not joined) and the balance of convenience/public interest favoured disclosure. Ac…