8 Feb 2023
ASIAN BROADCASTING NETWORK (M) SDN BHD (DALAM LIKUIDASI) BANK PEMBANGUNAN MALAYSIA BERHAD
- Citation
- BA-22NCC-23-03/2021 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- BA-22NCC-23-03/2021 (Mahkamah Tinggi)
The Court applied the binding Court of Appeal authority in Oren Ventures that a liquidator cannot delegate the statutory power to institute proceedings; the sanction letter, read holistically and corroborated by contemporaneous correspondence, was granted to the director (not a contributory); a director lacks locus to sue on behalf of a wound-up company; retrospective leave from the winding-up court does not validate proceedings void ab initio; accordingly the writ and statement of claim are struck out as lacking locus and being an abuse of process.