DOUBLE SUCCESS CONSTRUCTION SDN BHD v SMART GLOVE INDUSTRIES (MALAYSIA) SDN BHD PENCELAH 1. ) SMART GLOVE CORPORATION SDN BHD 2. ) TECHNYGROUP HOLDINGS (M) SDN BHD

wa-28jm-13-04-2024 High Court (Mahkamah Tinggi) 9 December 2024 • WA-28JM-13-04/2024 • 12 min read

2 cases cited (1 SG, 1 foreign)

Catchwords

Application by purported creditor to place the Respondent under Judicial Management under section 404 of the Companies Act 2016. Whether the application is made bona fide or an abuse of court process to stifle the winding-up of the Company by the Second Intervener.

Judges (1)

Ahmad Murad bin Abdul Aziz Delivered

Counsel (10)

Ang & Wong Firm Cecil Abraham & Partners Firm Krish Maniam & Co. Firm Aniz Ahmad Amirudin Counsel Petitioner Janice Tay Counsel Applicant Krishna Kumar Counsel Intervener Lew Wei Hung Counsel Intervener Polwin Sua Shiang-Nian Counsel Petitioner S Raven Counsel Applicant William Ang Counsel Applicant

Parties (4)

DOUBLE SUCCESS CONSTRUCTION Sdn Bhd Applicant SMART GLOVE CORPORATION Sdn Bhd Intervener SMART GLOVE INDUSTRIES Sdn Bhd Respondent TECHNYGROUP HOLDINGS Sdn Bhd Intervener

Statutes Cited

Companies Act 2016 (Cap 777)

Cases Cited (2)

SLR (1)

[2005] 3 SLR 375

MY (1)

[2021] 9 MLJ 618

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (wa-28jm-13-04-2024)