6 Apr 2021
1. TOP BUILDERS CAPITAL BERHAD (Registration No. 201301043050 (1072872-D)) 2. IKHMAS JAYA SDN BHD (Registration No. 199201022513 (254017-H)) 3. IKHMAS EQUIPMENT SDN BHD (Registration No. 199901020860 (495760-W))
- Citation
- WA-24NCC-608-12/2020 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-24NCC-608-12/2020 (Mahkamah Tinggi)
Leave to continue Suit 109 was refused because Seng Long’s claim was a pure monetary claim not constituting ‘exceptional circumstances’, the suit was not at an advanced stage, allowing it would give Seng Long an unfair advantage over other scheme creditors and would undermine the summary proof-of-debt and collective scheme process; Seng Long remains able to lodge a proof of debt and to appeal the decision-maker’s determination.