30 Jan 2023
PINNACLE NEXUS SDN. BHD. LIMRA CAPITAL BERHAD PENCELAH HILTON WORLDWIDE MANAGE BRANCHCO LIMITED
- Citation
- PA-22NCvC-203-12/2021 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- PA-22NCvC-203-12/2021 (Mahkamah Tinggi)
The court found the plaintiff, as prior registered owner, has a caveatable registrable interest and has raised serious questions to be tried regarding the legality and Shariah compliance of the Ijarah facility and the validity of the transfer; given evidence of a real threat of disposal to a potential buyer, the balance of convenience favoured maintaining the status quo and therefore the interlocutory application to keep the private caveat in force was allowed.