24 Jun 2022
Tan Eng Keat and Yap Bing Yew for the Applicant [Messrs Gan, Lee & Tan] Harvinderjit Singh a/l Manjit Singh and Alicia Goh Ai Chen for the Liquidator / Respondent [Messrs Varun & Goh]
- Citation
- WA-28PW-458-12/2020 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-28PW-458-12/2020 (Mahkamah Tinggi)
The summons to remove the liquidator is dismissed because the applicant failed to show cause for removal and did not obtain required leave; the liquidator acted reasonably and in the creditors' interest (majority creditor approval, proper tender/valuation process, expedition of asset realisation and payment of interim dividend); alleged breaches were unsupported or technical and not sufficient to justify removal; certain late/new issues were expunged to prevent ambush and ensure finality.
- Removal of liquidator
- Breach of statutory duty
- Disclosure and inspection of documents
- Asset sale and valuation
- Requirement for leave to sue court officers
- Preliminary report under companies act