12 Sept 2022
PEMPETISYEN Eldarius Yong Zhen Jie for the Petitioner [Messrs Chellam Wong] Sara Idylla binti Isbah for the Respondent [Messrs Ahmad Rizal, Sara Idylla & Co.]
- Citation
- WA-28NCC-229-03/2022 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-28NCC-229-03/2022 (Mahkamah Tinggi)
Petition dismissed because petitioner failed to demonstrate that the Trust Deeds or alleged breach of Petronas bumiputera requirement had a sufficient nexus to the company’s objects or rendered the company’s activities unlawful such that winding up would be just and equitable; Petronas had knowledge and made no adverse finding, and the petition appeared motivated to stymie pending civil suits, so court exercised restraint and denied the drastic remedy of winding up.