1. ) V CAPITAL SDN BHD 2. ) DATO' HOO VOON HIM v 1. ) IMPIANA SDN BHD 2. ) DATO' SERI ISMAIL @ FAROUK BIN ABDULLAH
wa-22ncc-689-10-2025 High Court (Mahkamah Tinggi) 10 March 2026 • WA-22NCC-689-10/2025 • 25 min read
1 cases cited
(0 SG, 1 foreign)
Catchwords
Abuse of process – Res judicata Cause of action estoppel – Issue estoppel - extended res judicata - Henderson v Henderson - same substratum of facts – Finality of litigation - multiplicity of proceedings - duplicate proceedings - fresh suit - voluntary withdrawal - counterclaim - amendment of pleadings - tactical maneuver - collateral attack - coordinate jurisdiction - specific performance. Share Sale Agreement - nullification of contract - misrepresentation - frustration of contract - false warranty - unapproved share disposal - notice of termination - assumption of liabilities - personal guarantee - collateral agreement - target shares - subsidiary transfer - due diligence - caveat emptor - buyer beware - commercial purchaser - public record - corporate search - late discovery of facts - inchoate claim - inordinate delay - delay in pursuit of remedy. Striking out - no reasonable cause of action - frivolous proceedings - vexatious proceedings - plain and obvious case - plainly unsustainable - overriding objective - election to counterclaim - right of election - consolidation of suits - joint trial. Stay of execution - withdrawal of stay - pending appeal - proper forum - institutional propriety - irreconcilable reliefs - subsisting judgment - enforceable judgment - same parties - same transaction - pattern of conduct - sequential litigation - tactical retreat - second bite of the cherry - special circumstances exception - narrow exception - involuntary prevention - amendment application. Indemnity costs - costs follow the event - oppression by litigation - interference with proceedings - eve of trial filing - late service of cause papers. Crystallisation of issues - ICSB transfer - public interest in finality - policy against relitigation - Order 18 Rule 19(1)(a) Rules of Court 2012 - Order 18 Rule 19(1)(b) Rules of Court 2012 - Order 18 Rule 19(1)(d) Rules of Court 2012 - Order 1A Rules of Court 2012 - Order 15 Rule 2(1) Rules of Court 2012 - Bandar Builder principle - Lin Wen Chih - Magma Group Berhad - Impiana Hotels Berhad - Impiana Cherating Sdn Bhd - VCI Global Limited - RM98,880,000 - RM15,000,000 - third tranche payment - purchase consideration - parasitic claim - guarantor liability - co-plaintiff conduct. Judicial determination - court's discretion - litigation history - chronology of events - objection by litigant - no reservation made - agreed issues to be tried - commercial transaction - corporate structure - capitulation - shadow over proceedings - harassment by process - party put to expense - costs on indemnity basis - hollow consolidation - belated amendment - eve of trial - co-ordinate High Court - appellate forum - Court of Appeal - proper forum for challenge - striking out in limine
Judges (1)
Counsel (7)
Statutes Cited
Rules of Court 2012
Cases Cited (1)
MY (1)
[1993] 3 MLJ 36
Judgment
Read the full judgment on the official Malaysia Courts portal.
Read on eJudgmentSource: eJudgment (wa-22ncc-689-10-2025)