25 Apr 2022
XXXX 1. ) MBF HOLDINGS BERHAD (RESPONDENT PERTAMA) 2. ) DATO’ JEYARAJ A/L RATNASWAMY (Sebagai Likuidator Alamanda Development Sdn Bhd.) 3. ) VINTAGE DEVELOPERS SDN BHD 4. ) Pentadbir Tanah Daerah Kulim 5. ) PENGARAH TANAH DAN GALIAN NEGERI
- Citation
- 24NCC-125-03/2014 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- 24NCC-125-03/2014 (Mahkamah Tinggi)
The Court declined to resolve technical planning/subdivision sufficiency questions which are within the jurisdiction of local and state land and planning authorities; the sanctioned Scheme of Arrangement will not be extended and is allowed to lapse; as a consequence, the company (Alamanda) is the party required to make application for subdivision and to bear obligations under the Sale and Purchase Agreements (including levies and quit rent) while Vintage remains responsible for its obligations under its SPA; liquidators are not personally liable for the subdivision costs or levies.