VHH VENTURE HOLDINGS SDN BHD v 1. ) KLIFE GLOBAL SDN BHD (Pengurus dan Penerima dilantik) 2. ) ANDREW HENG 3. ) GREEN RAY TECHNOLOGY SDN BHD 4. ) SMALL MEDIUM ENTERPRISE DEVELOPMENT BANK MALAYSIA BERHAD
Catchwords
Interlocutory application – application by the Plaintiff for an injunction restraining the Defendants and their agents from dealing with two pieces of lands in any manner pending the disposal of this suit. Issues: a. Whether there are bona fide serious question to be tried?; b. Whether the balance of convenience lies in favour of the injunction? c. Whether damages are an adequate remedy?; Held: Court finds that there are arguably bona fide serious issues to be tried to determine the validity of the termination of the sale and purchase agreement and whether there was fulfilment of the conditions precedent within the CP period. The Court however finds that the balance of convenience lies in favour of disallowing the injunction and that damages are an adequate remedy. The injunction application is dismissed with costs.
Judges (1)
Case Significance
VHH VENTURE HOLDINGS SDN BHD v 1. ) KLIFE GLOBAL SDN BHD (Pengurus dan Peneri... is a High Court (Mahkamah Tinggi) decision dated February 27, 2025 (citation: pa-22ncvc-178-12-2024). The case was decided by Anand Ponnudurai.
Key issues: Issues: a. Whether there are bona fide serious question to be tried?; b. Whether the balance of convenience lies in favour of the injunction? c. Whether damages are an adequate remedy?;.
What was the outcome of VHH VENTURE HOLDINGS SDN BHD v 1. ) KLIFE GLOBAL SDN BHD (Pengurus dan Peneri...?
VHH VENTURE HOLDINGS SDN BHD v 1. ) KLIFE GLOBAL SDN BHD (Pengurus dan Peneri... is a High Court decision dated February 27, 2025. The case was heard by Anand Ponnudurai. See the full judgment for details.
Judgment
Read the full judgment on the official Malaysia Courts portal.
Read on eJudgmentSource: eJudgment (pa-22ncvc-178-12-2024)