8 Mar 2021
Abdullah Az-Zaubayr bin Awaluddin for the Applicant [Messrs Zulpadli & Edham] LAIN-LAIN 1. ) Emily Lim Yien Li for the Petitioner [Messrs Chooi & Co + Cheang & Ariff] 2. ) Cynthia Liaw Tze Feng for the Liquidator [Messrs Kee Sern, Siu & Hue
- Citation
- POST WINDING-UP NO: WA-28PW-354-05/2019 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- POST WINDING-UP NO: WA-28PW-354-05/2019 (Mahkamah Tinggi)
The Court held the Court of Appeal only varied and did not set aside the underlying judgment; there remains an unpaid indebtedness (RM17,322,425.01) above the statutory threshold and the Applicant failed to prove satisfaction of debt or solvency; accordingly the section 493 application to terminate the Winding Up Order is dismissed and the Winding Up Order remains in force.