LOVE PETS WORLD SDN. BHD. v JONG SIEW SIAN

ma-22ncvc-49-12-2021 High Court (Mahkamah Tinggi) 25 May 2026 • MA-22NCvC-49-12/2021

Catchwords

Companies — Winding up — Company in liquidation — Liquidator — Powers and duties of liquidator — Liquidator’s sanction — Continuation of proceedings by company in liquidation — Authority to prosecute action in company’s name — Delegation of liquidator’s litigation powers — Scope of Twelfth Schedule Companies Act 2016 — Companies Act 2016, s 486 and Twelfth Schedule — Court’s supervisory jurisdiction over liquidation — Retrospective sanction nunc pro tunc — Distinction between wholesale delegation and continuation by existing solicitors — Proper plaintiff — Locus standi of company in liquidation — Validity of liquidator’s authorisation — Existing solicitors continuing proceedings after winding up — Litigation control by liquidator — Creditor-funded litigation — Reconciling conflicting High Court authorities — Oren Venture distinguished — Ooi Kim Geik applied — MKP Builders considered — Winstech Engineering applied — Substance over form approach in liquidation proceedings — Directors — Fiduciary duties — Breach of fiduciary duty — Breach of statutory duty — Fraud — Breach of trust — Diversion of corporate opportunity — Secret profits — Conflict of interest — Misappropriation of company funds — Unauthorized purchases — Director trading through competing business — Concealment of material facts — Abuse of fiduciary position — Companies Act 2016, ss 213, 218 & 221 — Evidence Act 1950, ss 106 & 114(g) — Adverse inference — Trial in absence of defendant — Order 35 rule 1(2) Rules of Court 2012 — Burden of proof in ex parte civil trial — Equitable fraud — Account and inquiry — Indemnity against director — Exemplary damages — Aggravated damages — Foreign currency judgment — Miliangos principle — Corporate governance — Malaysian company law

Judges (1)

Raja Segaran a/l S.krishnan Delivered

Parties (2)

LOVE PETS WORLD Sdn Bhd Plaintiff Jong Siew Sian Defendant

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (ma-22ncvc-49-12-2021)