POLARIS MARITIME TRAINING ACADEMY SDN. BHD. v 1. ) Pendaftar Syarikat Suruhanjaya Syarikat Malaysia 2. ) Ketua Pengarah Insolvensi Jabatan Insolvensi Malaysia

ka-24ncvc-90-03-2025 High Court (Mahkamah Tinggi) 13 December 2025 • KA-24NCvC-90-03/2025 • 12 min read

3 cases cited (0 SG, 3 foreign)

Catchwords

ORIGINATING SUMMON - Section 103 and/or Section 602 of the Companies Act 2016. ISSUES: whether the Applicant is entitled to invite this Court to issue: (i) A declaration that the R2 is granted leave to transfer the shares of Syed Mahzan and Syed Sallehuddin in the Share Register of R1 to other shareholders of the Applicant: (ii) An Order that the R1 shall give effect to the Sealed Order dated 23.01.2024 and rectify the register of members of the Applicant.

Judges (1)

Mohd Aimi Zaini bin Mohd Azhar Delivered

Counsel (6)

Aswandi Hashim & Co. Firm Jabatan Insolvensi Kedah Firm Suruhanjaya Syarikat Malaysia Firm Irwansyah bin Asri Counsel Applicant Rashdi bin Shamuddin Counsel Respondent Suhaimi bin Remly Counsel Respondent

Parties (3)

Ketua Pengarah Insolvensi Jabatan Insolvensi Malaysia Respondent PENDAFTAR SYARIKAT, SURUHANJAYA SYARIKAT MALAYSIA Respondent POLARIS MARITIME TRAINING ACADEMY Sdn Bhd Applicant

Statutes Cited

Companies Act 2016 (Cap 777)

s 2

Insolvency Act 1967 (Cap 360)

s 52 s 55(4) s 58 s 8(1) s 8(1)(a) s 8(1)(b)

Specific Relief Act 1950 (Cap 137)

Cases Cited (3)

MY (3)

[1997] 4 CLJ 185 [1998] 2 CLJ 75 [2019] 9 MLJ 802

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (ka-24ncvc-90-03-2025)