15 Dec 2021
Sohan Yong for the Respondent [Messrs T Tharuma & Assoc.) LAIN-LAIN 1. ) Nur Hidayah Bt Mohamad Fauzi and K. Sheela T. Vinayaka Das for the Petitioner [Messrs Lewis & Co.] 2. ) Kamraj Nagayam & Maya Gayathri for Geopancar Sdn Bhd, Supportin
- Citation
- COMPANIES (WINDING-UP) PETITION NO. WA-28NCC-438-07/2021 (Mahkamah Tinggi)
- Court
- WINDING-UP
- Case number
- COMPANIES (WINDING-UP) PETITION NO. WA-28NCC-438-07/2021 (Mahkamah Tinggi)
The court appointed the nominated private liquidator because the three supporting creditors demonstrated combined debts (RM46,751,630.45) vastly exceeding the petitioner's claimed sum (approx. RM2,000,000), and the nominated liquidator was shown to be suitably qualified; the court exercised its statutory discretion under the Companies Act 2016 to make that appointment.