24 Dec 2020
DELOITTE PLT SECURITIES COMMISSION OF MALAYSIA
- Citation
- WA-25-517-11-2019 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-25-517-11-2019 (Mahkamah Tinggi)
The court held the SC lawfully construed s276(3)(b) together with the CMSA Order to include sukuk issuers, found the Applicant was given adequate opportunity to be heard by written representations, held the findings of breach were supported by the auditors' reports and that the imposed penalties were within the SC's regulatory discretion and proportionate; judicial review was dismissed.