27 Oct 2022
Pilecon Engineering Berhad Cahaya Kelang Construction
- Citation
- BA-24NCC-72-07/2022 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- BA-24NCC-72-07/2022 (Mahkamah Tinggi)
The plaintiff’s board resolution dated 14.8.2009 constituted a purported transaction within six months of Prizegard’s winding‑up and was therefore void under s.528 Companies Act 2016; independently, there was no valid assignment because the resolution was unilateral and not signed by Prizegard as assignor, and the settlement deeds confined remedies and nominees such that the plaintiff lacked locus standi to sue for the monetary sum; accordingly the originating summons must be dismissed.