15 Dec 2020
Ewe Beng Leong (No. KP:690829-07-5073) 1. Ewe Hoo Chye (No. KP:651204-07-5581) 2. Teng Lai Beng (No. KP:660918-07-5596) 3. Duaria Sdn Bhd (No. Syarikat: 302601-M)
- Citation
- PA-22NCvC-235-11/2017 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- PA-22NCvC-235-11/2017 (Mahkamah Tinggi)
The court held the second set of orders seeking to vary the consent judgment (discharging named auditors, appointing new auditors, and specifying financial year end dates) were impermissible and an abuse of process; however the auditors' consideration of a Market Approach was a material departure from the agreed scope and therefore that part of the valuation was not binding — the court ordered the auditor to revise the report excluding the Market Approach; allegations of partiality and incomplete due diligence were rejected on the evidence and cross-examination; enclosure 109 was stayed/perma…