31 Mar 2026
1. ) GOLDEN PLUS HOLDINGS BERHAD 2. ) GOLDEN PLUS CONSTRUCTION SDN BHD 3. ) GOLDEN PLUS (BVI) PTE LTD 4. ) SRI SERDANG SDN BHD 5. ) PARADIZE BAZAAR SDN BHD 6. ) VENICE HEIGHTS SDN BHD 7. ) HANPOPULAR SDN BHD 8. ) YANFULL INVESTMENTS LIMITED
- Citation
- W-02(IM)(NCC)-1413-07/2025 (Mahkamah Rayuan)
- Court
- IM
- Case number
- W-02(IM)(NCC)-1413-07/2025 (Mahkamah Rayuan)
The High Court erred in granting unconditional stays because the matters relied upon (impecuniosity, likely liquidation, age, disability, size of judgment, and hardship) do not constitute special circumstances in law; a stakeholder arrangement requiring payment of the judgment sum into an interest-bearing solicitors' stakeholder account pending the appeals appropriately protects against nugatoriness and must be ordered instead; therefore the unconditional stays are set aside and replaced with orders for payment into stakeholder account and costs fixed.