EL'KANAH SDN BHD v MDSA RESOURCES SDN BHD PENCELAH 1. ) QUEK SWEE KEANG 2. ) LOW AH LEK @ LOW KOCK KENG 3. ) TAN CHOO YOK PIHAK TERKILAN 1. ) JULIE GIT TSE MIEN 2. ) TAN KAI HOE 3. ) HO CHOON HAN
Catchwords
Company law — Winding up — Inability to pay debts — Judgment debt — Statutory notice — Non-compliance — Presumption of insolvency — Whether rebutted — Companies Act 2016, ss 465(1)(e), 466(1)(a) Company law — Winding up — Interim liquidator — Application heard together with petition — Whether application rendered academic — Requirement of “sufficient ground” — Whether assets shown to be in jeopardy — Companies Act 2016, s 476(1) — Companies (Winding-Up) Rules 1972, r 35(1) Company law — Winding up — Appointment of liquidator — Court’s discretion — Nomination by creditor — Whether court bound by preference of alleged dominant creditor — Role of Official Receiver — Statutory default — Companies Act 2016, ss 477, 521 Company law — Winding up — Creditor status — Judgment in default — Timing — Application for interim liquidator filed prior to obtaining judgment — Whether subsequent judgment cures initial deficiency — Whether court entitled to scrutinise reliability of asserted indebtedness — Whether collateral attack arises Company law — Winding up — Liquidator — Qualification — Expired approval — Whether nominee disqualified — Requirement of approved liquidator — Companies Act 2016, s 433 Company law — Winding up — Liquidator — Conflict of interest — Prior professional association — Access to company information — Whether actual or apparent conflict — Whether appointment appropriate Company law — Winding up — Court’s discretion — Neutrality — Integrity of insolvency process — Protection of general body of creditors — Whether appropriate to appoint Official Receiver in first instance Civil procedure — Evidence — Affidavit evidence — Weight — Timing of proceedings — Inferences from conduct — Failure to contest action — Inconsistent debt figures — Whether sufficient to undermine asserted creditor dominance.
Practice Areas
Judges (1)
Judgment
Read the full judgment on the official Malaysia Courts portal.
Read on eJudgmentSource: eJudgment (ma-28ncc-7-03-2025)