20 Jan 2025
Khor Yong Yong (Liquidator Of Shigen Polycolor Sdn. Bhd. (In Liquidation) [Company No: 200101031179 (566938-x)] 1. ) TAN KHENG GUAN 2. ) CHU KOK KHING 3. ) EE GENG CHOON
- Citation
- PA-28PW-30-08/2023 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- PA-28PW-30-08/2023 (Mahkamah Tinggi)
Where a court-appointed liquidator has performed liquidation duties while his appointment was in effect he is entitled to fair and reasonable remuneration and reimbursement of expenses for that period even if the winding up order is later set aside; professionals appointed by the liquidator may be paid as part of those expenses; liability to pay is imposed on the losing party in the underlying winding up petition (shareholder who loses), not the company.