10 Apr 2026
PEMPETISYEN CHUN YOON KONG 1. ) JIN XUAN HOLDINGS SDN BHD 2. ) YAP MUN FONG 3. ) YAP VOON KUIN
- Citation
- WA-28NCC-433-04/2025 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-28NCC-433-04/2025 (Mahkamah Tinggi)
The petition to wind up was dismissed because the alleged SME loan arrangement did not demonstrate sufficient nexus or illegality as to the company's objects to justify winding up, the facts supported that JX Holdings operated as a quasi‑partnership but the petitioner had 'unclean hands' by disengaging from management, acting unilaterally in ways detrimental to the company, and delaying complaints; therefore equitable relief of winding up was inappropriate and procedural irregularities were curable under s.582 CA.