LAMAN KEJORA SDN BHD v IBAI GOLF & COUNTRY CLUB BHD
29 cases cited
(0 SG, 29 foreign)
Catchwords
Companies and winding-up — Winding-up petitions — Stay of proceedings — Special circumstances — Pending appeal against judgment in related suit — Pendency of buy-out order in minority oppression proceedings — Whether pending appeal operates as stay of execution — Whether multiplicity of proceedings constituted abuse of process — Whether stay should be granted to await appellate outcome — Companies Act 2016, ss 465(1)(e), (h), 466(1)(a), 469(1)(b) Companies and winding-up — Winding-up petitions — Grounds — Inability to pay debts — Just and equitable — Breakdown of mutual trust and confidence between equal shareholders — Deadlock in management — Extensive litigation history — Company insolvent — Subsidiaries already wound up — Buy-out order already made but not complied with — Whether winding-up order appropriate — Companies Act 2016, ss 465(1)(e), (h) Companies – Oppression – Buy-out order – Non-compliance – Whether separate winding-up petition maintainable by non-party to oppression proceedings – Cumulative remedies Civil procedure — Stay of proceedings — Winding-up petitions — Pending appeal — Pending buy-out order — Whether appeal operates as stay — Courts of Judicature Act 1964, s 73
Practice Areas
Judges (1)
Statutes Cited
Cases Cited (29)
UK (3)
[1916] 2 Ch 426 [1973] AC 360 [1996] AC 514
MY (26)
[1998] 6 MLJ 437 [2000] 5 MLJ 657 [2001] 1 MLJ 31 [2001] 4 MLJ 187 [2006] 2 MLJ 602 [2007] 6 CLJ 570 [2010] 5 MLJ 34 [2013] 3 CLJ 47 [2017] 1 AMR 517 [2017] 5 CLJ 187 [2017] 9 MLJ 45 [2017] MLJU 900 [2018] 2 AMR 848 [2018] MLJU 1080 [2019] 12 MLJ 446 [2019] MLJU 2119 [2019] MLJU 2139 [2019] MLJU 2140 [2021] 3 MLJ 914 [2021] 5 MLJ 253 [2021] MLJU 2472 [2023] MLJU 2039 [2025] 3 MLJ 401 [2025] MLJU 1916 [2025] MLJU 2069 [2026] MLJU 697
Judgment
Read the full judgment on the official Malaysia Courts portal.
Read on eJudgmentSource: eJudgment (ta-28ncc-18-03-2019)