22 Sept 2025
Prismaworld Embassyview Sdn Bhd 1. ) Tanah Bayumas Sdn Bhd 2. ) Adam Primus Varghese Bin Abdullah Daripada Adamprimus & Co, Plt (Sebagai Penerima Dan Pengurus Prismaworld Embassyview Sdn Bhd) Macpherson Simon Daripada Adamprimus & Co, Plt (
- Citation
- WA-22NCC-142-03/2025 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-22NCC-142-03/2025 (Mahkamah Tinggi)
Plaintiff failed to meet the threshold for an interlocutory injunction. Although the receivers and managers committed a technical breach of s410 by entering the sale dated 12-12-2024, that breach does not render the sale void ab initio; the Judicial Management application was withdrawn and in any event bound to fail under s409 because a receiver had been appointed by the secured creditor; damages are an adequate remedy and the balance of convenience favors allowing the receivers to complete the sale. Consequentially the interlocutory injunction was refused and costs awarded against the Plaint…