17 Dec 2024
DATUK TEE GUAN PIAN, THE LIQUIDATOR OF S.P. GRANITE SDN BHD (IN LIQUIDATION) 1. ) S. P. GRANITE SDN BHD (IN LIQUIDATION) 2. ) DATO' EII CHING SIEW @ YII CHING SIEW
- Citation
- NA-28PW-20-04/2024 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- NA-28PW-20-04/2024 (Mahkamah Tinggi)
The court held that the Sanction Order of 21.10.2022 was temporary and its indemnity expressly ceased upon the appointment of a private liquidator; therefore the Sanction Order ceased to have effect on the appointment of Datuk Tee as approved liquidator on 12.10.2023, all relevant assets and proceedings vested in him and Sundarasan's powers to continue the Sanctioned Proceedings terminated.