16 Aug 2019
1. Casa Bangsar Sdn Bhd 2. Azman Bin Awang 3. Anie Binti Attan 1. Amanah International Finance Sdn Bhd 2. Lim San Peen
- Citation
- 22M-263-05/2019 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- 22M-263-05/2019 (Mahkamah Tinggi)
The court held the 2nd and 3rd plaintiffs, as directors, lacked locus to commence the suit and to seek the interim injunction in the company's name without the receiver's consent because the proposed proceedings would interfere with the receiver's functions and imperil assets charged under the debenture, and because the indemnity proffered by the directors was inadequate and unsupported by evidence.