1 Jan 1900
TFT DISPLAY (M) SDN BHD (NO.SYARIKAT:587382-H) LAIN-LAIN EXPORT-IMPORT BANK OF MALAYSIA BERHAD (NO. SYARIKAT: 357198-K)
- Citation
- PA-28NCC-34-05/2020 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- PA-28NCC-34-05/2020 (Mahkamah Tinggi)
The court found the respondent's procedural objections without merit: service of the statutory demand and petition was proper under Rule 25, verification complied with Rule 26, filings in English were permissible, and non-payment of the statutory demand gave rise to the statutory presumption of insolvency under s.466(1)(a) CA 2016; no substantial injustice resulted from any alleged irregularity, therefore the winding-up petition was allowed and a winding-up order was made.