13 Jun 2025
PEMPETISYEN AMBANK ISLAMIC BERHAD WS RENT-A-CAR SDN. BHD.
- Citation
- WA-28NCC-249-03/2024 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-28NCC-249-03/2024 (Mahkamah Tinggi)
Failure by the Respondent to pay the judgment debt within 21 days of a valid statutory demand gave rise to a rebuttable presumption of insolvency which the Respondent failed to discharge on the evidence; the petition was not an abuse of process and the Court will wind up the company and appoint the Official Receiver as liquidator.