16 Jan 2023
ACE HOLDINGS BERHAD LUKMAN HAKIMI BIN ABDULLAH (BERDAGANG DI BAWAH NAMA DAN GAYA LH MILLION RESOURCES) (201803248142 (002857899-H))
- Citation
- WA-24NCC-939-10/2022 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-24NCC-939-10/2022 (Mahkamah Tinggi)
The statutory demand complied with s.466(1)(a) and was valid; the Plaintiff failed to establish a bona fide dispute on substantial grounds because the contractual documents and the Plaintiff's own contemporaneous letters constituted clear admissions of the indebtedness; the Plaintiff failed to prove solvency in a manner that would justify injunctive relief; accordingly no Fortuna injunction was warranted and the Originating Summons was dismissed with costs to the Defendant.