20 Oct 2022
Kelly Khoo Seo Ju for the Applicant [Messrs Malis & Khoo] Ahmad Ezmeel bin Ahmad Tarmizi for Wong Weng Foo the Liquidator (for Kilang Papan Wakaf Tapai Sdn Bhd) (In Creditors’ Voluntary Liquidation) [Messrs Ezmeel & Co.] PENCELAH Lau Kee Se
- Citation
- WA-28PW-224-05/2022 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-28PW-224-05/2022 (Mahkamah Tinggi)
The Court held that the Consent/Compromise Order of 8.10.2021 effectively admitted the Applicant's claim and, having regard to Companies Act s291 and Insolvency Act s65 and the duty to give effect to court orders, the joint liquidators could not insist on a fresh POD; accordingly the liquidators were ordered to pay 65% of the admitted claim and to comply with the other reliefs sought.