30 Oct 2025
1. ) A GANASAN A/L K ARUMUGAM 2. ) ABDUL HAFIZ BIN ABDUL RASHID @ ABD KHALID SYED YUSOF BIN SYED MOHD
- Citation
- BA-24NCC-113-10/2025 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- BA-24NCC-113-10/2025 (Mahkamah Tinggi)
The Court found bona fide serious issues to be tried under section 346 Companies Act 2016, that damages would not adequately compensate the Plaintiffs for loss of management participation and reputational risk given substantial contracts, and that the balance of convenience favored maintaining the pre-dispute management and financial status quo; accordingly an interim injunction was granted restraining the Defendant from convening or proceeding with the impugned EGMs and from obstructing company financial operations, with ancillary orders for physical inspection of financial documents and cos…