22 Oct 2020
SOLARIS ESTATES SDN BHD LAIN-LAIN PEMPETISYEN : MAT SHAH BIN SAFUAN
- Citation
- JA-28NCC-194-10/2018 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- JA-28NCC-194-10/2018 (Mahkamah Tinggi)
The Respondent failed to prove satisfaction of the judgment debt or demonstrate commercial solvency and the conditional stay lapsed on dismissal of the appeals so the deposited documents remained stakeholder security and did not satisfy the judgment sum; therefore the requirements of s493 Companies Act 2016 for termination of the winding up were not met and the application was dismissed.