Malaysia Case Law: Decisions & Judgments | LexChat

Malaysia Case Law

Refund of real property gains tax (rpgt)
  • 22 Aug 2022

    CAROTECH BERHAD (Penerima dan Pengurus dilantik) (Dalam Likuidasi) 1. ) Kerajaan Malaysia 2. ) Ketua Pengarah Hasil Dalam Negeri

    Citation
    AA-28PW-2-01/2022 (Mahkamah Tinggi)
    Court
    High Court
    Case number
    AA-28PW-2-01/2022 (Mahkamah Tinggi)

    Court granted a conditional stay of execution pending the Respondents' appeal on terms that the Respondents must pay interest at 5% per annum on the refunded sum from 2 September 2022 until full payment to protect the Applicant's entitlement and to avoid rendering the appeal nugatory; failure by Respondents to accept the condition causes the conditional stay to lapse and the original judgment to be executable.

    • Stay of execution
    • Refund of real property gains tax (rpgt)
    • Interest on judgment debt
    • Liquidation and secured creditors