15 Jun 2020
MOHD AFRIZAN BIN HUSAIN BURSA MALAYSIA SECURITIES BERHAD
- Citation
- WA-25-362-08/2019 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-25-362-08/2019 (Mahkamah Tinggi)
The High Court held the Listing Committee and Appeal Committee decisions were infected by error of law and irrationality because the applicant, as court‑appointed liquidator, did not have statutory responsibility to prepare the overdue company financial statements (that duty remained with the company’s directors), the respondent misapplied the Listing Requirements and relied on an undertaking inconsistent with statutory law, and therefore both impugned decisions were quashed and mandamus was appropriate to compel revocation of the public reprimand.