29 Feb 2024
DANIAL AMAR FAQRIE BIN WILLIAM SHAIFUDDIN BIG BLUE CAPITAL (M) SDN BHD PEMPETISYEN INNOSEVEN SDN BHD
- Citation
- WA-28PW-487-11/2023 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-28PW-487-11/2023 (Mahkamah Tinggi)
The applicant failed to discharge the burden for a stay: the Court cannot go behind a valid winding-up order that was not set aside; the purported funding agreement was found to be a sham with forged/incomplete documents and no proof of funds; the tender was speculative and did not justify a stay. Therefore the application to stay the winding-up order was dismissed with costs.