UNITED OVERSEAS BANK (MALAYSIA) BHD v K-PINTAR SDN BHD

ba-28ncc-547-10-2023 High Court (Mahkamah Tinggi) 23 April 2025 • BA-28NCC-547-10/2023

Catchwords

Winding Up Petition – Default in repayment of banking facilities – Final judgement - Failure to satisfy judgement debt – Statutory Notice – Commercial solvency – Just and Equitable – Active business operation – Absence of bona fide dispute of debt – Enforceable court judgement – Reliance on outdated financial statement – Whether the Petitioner has established a statutory presumption of insolvency under Section 466(1)(a) Companies Act 2016 – Whether the Respondent has successfully rebutted that presumption by showing a bona fide dispute of the debt or genuine solvency – Whether any equitable or discretionary grounds justify refusing a winding up order – Special circumstances - Section 465(1)(e) Companies Act 2016 – Section 466 (1)(a) Companies Act 2016.

Judges (1)

Raja Rozela binti Raja Toran Delivered

Parties (2)

K-PINTAR Sdn Bhd Respondent UNITED OVERSEAS BANK BHD Petitioner

Case Significance

UNITED OVERSEAS BANK (MALAYSIA) BHD v K-PINTAR SDN BHD is a High Court (Mahkamah Tinggi) decision dated April 23, 2025 (citation: ba-28ncc-547-10-2023). The case was decided by Raja Rozela binti Raja Toran.

What was the outcome of UNITED OVERSEAS BANK (MALAYSIA) BHD v K-PINTAR SDN BHD?

UNITED OVERSEAS BANK (MALAYSIA) BHD v K-PINTAR SDN BHD is a High Court decision dated April 23, 2025. The case was heard by Raja Rozela binti Raja Toran. See the full judgment for details.

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (ba-28ncc-547-10-2023)