10 Dec 2025
PEMPETISYEN SMALL MEDIUM ENTERPRISE DEVELOPMENT BANK MALAYSIA BERHAD HENG SENG & COMPANY SDN BHD
- Citation
- WA-28NCC-201-02/2025 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-28NCC-201-02/2025 (Mahkamah Tinggi)
The statutory notice was validly served and the judgment debt remained unsatisfied beyond the 21-day period; absent any rebuttal evidence from the Company, the statutory presumption of inability to pay under the Companies Act 2016 applied, vesting the court with jurisdiction to grant a winding-up order which was therefore just and equitable.