30 Apr 2024
PEMIUTANG PENGHAKIMAN LONG KEE PILING WORKS SDN. BHD. PENGHUTANG PENGHAKIMAN CHANG KIAN CHIANG
- Citation
- JA-29NCC-597-09/2023 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- JA-29NCC-597-09/2023 (Mahkamah Tinggi)
The court granted the stay under s.97 because the debtor demonstrated sufficient reason: the High Court originating summons predated the alleged act of bankruptcy, is promptly listed for trial and can be disposed quickly, the debtor would suffer greater prejudice if bankruptcy proceeded, and the creditor would not suffer serious prejudice because alternative execution remedies remain available; costs ordered to follow the originating summons action.