20 Feb 2023
ASPEN GLOVE SDN BHD JR ENGINEERING AND MEDICAL TECHNOLOGIES (M) SDN BHD PENCELAH DICADANGKAN Jabatan Insolvensi Malaysia
- Citation
- BA-24NCC-118-12/2022 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- BA-24NCC-118-12/2022 (Mahkamah Tinggi)
The Defendant's interim injunction was dismissed because the court found serious issues to be tried in the pending full action and that the disputed nature of the RM22,363,243.07 (including Plaintiff's right under clause 20 to forfeit/deduct it and Plaintiff's assertion it was no longer held) meant the Defendant failed to establish entitlement to preserve the sum by injunction or that the funds were held on trust; accordingly the Plaintiff's Originating Summons seeking declaration that the statutory demand was void and injunction restraining filing/advertising of a winding-up petition was all…