12 Sept 2025
Blue Valley Plantation Berhad 1. ) Ganesan a/l Ramasamy 2. ) Balakrishnan A/l Kaliannan 3. ) Phylon Range Sdn Bhd
- Citation
- AA-22NCvC-50-06/2022 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- AA-22NCvC-50-06/2022 (Mahkamah Tinggi)
On the balance of probabilities, the Form 32A and letter relied upon by Ganesan did not effect a registered transfer and there was no evidence of consideration or shareholder treatment; Balakrishnan's entire holding of 97,000 shares was validly transferred and registered to Pylon Range in 1996; therefore the 1996 and 2013 consent orders were obtained on a false assumption or mistake and/or fraud, must be set aside, and restitution (return of land and RM267,397.14 with interest) and costs awarded to the plaintiff.