28 Oct 2022
PEMPETISYEN PIONEER MILLION TECH SDN BHD NEOVEST SDN.BHD
- Citation
- WA-28NCC-239-03/2022 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-28NCC-239-03/2022 (Mahkamah Tinggi)
The court found the respondent produced no credible evidence of solvency and that the allegations of forgery or duress were unsubstantiated, tardy and inconsistent (police reports lodged after service, undated WhatsApp); accordingly the presumption of commercial insolvency was not rebutted and an order for winding up was granted under ss.465(1)(e) and 466(1)(a) Companies Act 2016.