21 Jan 2022
Wan Azryn Bin Wan Ab Rashid 1. ) ZAINAL 'ABIDIN BIN ABD JALIL 2. ) ANNEDJMA CAPITAL SDN BHD 3. ) ARCADIA ACRES SDN BHD
- Citation
- WA-22NCC-477-10/2021 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-22NCC-477-10/2021 (Mahkamah Tinggi)
Court found there is a bona fide serious issue to be tried on the validity of the 600,000 and 805,000 share transfers but refused the interlocutory injunction because the balance of convenience favoured the defendants (injunction would impede company operations and was futile given voting proportions), damages were an adequate remedy (plaintiff quantified loss), and plaintiff had unexplained delay; therefore enclosure 4 dismissed with costs.