30 Jan 2024
ZEN ESTATES SDN BHD BADAN PENGURUSAN BERSAMA SUBANG PARKHOMES
- Citation
- B-02(NCvC)(W)-140-01/2023 (Mahkamah Rayuan)
- Court
- NCvC
- Case number
- B-02(NCvC)(W)-140-01/2023 (Mahkamah Rayuan)
The Court affirmed the High Court: the developer breached statutory duties by failing to collect and account for maintenance fees and sinking fund (including sums it pledged to absorb), failed to transfer account balances and to provide audited accounts within statutory time; the developer was estopped from disputing the audited accounts and statements (having admitted and failed to respond); appeal dismissed and High Court judgment affirmed with costs.