6 Feb 2020
BHL GEMILANG SDN. BHD. PENCELAH TETUAN DENNIS NIK & WONG
- Citation
- WA-24NCC-500-09/2019 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-24NCC-500-09/2019 (Mahkamah Tinggi)
Leave to intervene and to proceed with the winding up petition was refused because the Proposed Intervener, an unsecured creditor, failed to show that intervention should displace a bona fide, viable scheme under s366; allowing the intervention would disrupt and likely frustrate the proposed rescue of the development and prejudice a large class of purchasers and public interest, thereby justifying the exercise of the court's discretion to dismiss the application.