27 May 2022
ISMAIL BIN OTHMAN 1. ) DUTA SKYLINE SDN. BHD. 2. ) AMAZING SYMPHONY SDN BHD
- Citation
- BA-24NCC-122-08/2019 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- BA-24NCC-122-08/2019 (Mahkamah Tinggi)
The Share Sale Agreement (clause 11.2) vested the plaintiff with a contractual protective right over the land such that the 1st Defendant could not create encumbrances without the plaintiff's prior written consent; the JVA and attendant power of attorney were executed without that consent and without required shareholder approvals under s.223 Companies Act 2016, rendering the JVA void and unenforceable; the plaintiff therefore had standing to seek declaratory and injunctive relief and the interlocutory injunction should be maintained; striking out was inappropriate as the claim was not plainl…