8 Nov 2019
1. FGV HOLDINGS BHD (dahulunya dikenali sebagai “Felda Global Ventures Holdings Bhd”) (No. Syarikt: 800165-P) 1. MOHD EMIR MAVANI BIN ABDULLAH (No. K/P: 631015-04-5377) 2. FARISAN BIN MOKTAR @ MOKHTAR (No. K/P: 721207-01-5681) 3. RASYDAN BI
- Citation
- WA-22NCvC-779-11/2018 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-22NCvC-779-11/2018 (Mahkamah Tinggi)
The court held the counterclaims alleging abuse of process were obviously unsustainable on their face: the applicants demonstrated the original proceedings were brought to obtain legitimate corporate accountability for an allegedly unauthorised and costly acquisition based on forensic findings and correspondence, not for a collateral improper purpose. The impairment under MFRS136 was a valid accounting decision and did not establish manipulation or an ulterior dominant motive. The counterclaims therefore failed the Order 18 r.19 threshold and were struck out.