2 Jul 2025
- Citation
- JA-24NCvC-1160-09/2024 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- JA-24NCvC-1160-09/2024 (Mahkamah Tinggi)
Under section 145 National Land Code the Court lawfully exercised its discretion to terminate the co-proprietorship and ordered a buy-out mechanism: Respondent to purchase Applicant's 50% interest for RM700,000 within six months, with a fallback open-market sale at prevailing market value if the buy-out fails, because the Respondent agreed to buy, the Applicant provided no valuation evidence to justify insistence on immediate sale at RM1,400,000, and the staged buy-out protects both parties' interests.