Company law

111 cases · December 2017 to July 2026

Case Volume by Year

2
17
1
18
1
19
1
23
3
24
48
25
55
26
2017–2026

Key Issues & Sub-Topics

Application for leave to commence meeting of scheme of creditors — Application to set aside order granting leave — Application to set aside dismissed by HCJ — Whether HCJ had erred in dismissing the Setting-Aside Application — Whether Leave Application constituted an abuse of process on ground that it was not made bona fide — Whether HCJ should have considered facts before him at the Settling-Aside Application — Companies Act 2016 section 366(1) 5 Application to sanction proposed scheme of arrangement — Sanction granted — Appeal against decision of HCJ in sanctioning scheme of creditors — Whether HCJ had considered purpose and conduct surrounding the Scheme of Arrangement — Companies Act 2016 section 366(4) 5 Fortuna injunction — Application to restrain presentation of winding-up petition — Quia timet relief — Section 466 Companies Act 2016 — Statutory demand — Unpaid judgment debt — Sessions Court judgment affirmed on appeal — Final and enforceable judgment — Whether winding-up petition an abuse of process — Principles governing Fortuna injunction– Bona fide dispute test — Whether judgment debt can constitute disputed debt — Court will not go behind regular judgment — Payment by cheque — Conditional payment — Dishonoured cheque — Revival of underlying debt — Bills of Exchange Act 1949 s 47 — Statutory threshold for winding-up petition — Allocation of payments by creditor — Validity of statutory notice — Indemnity costs agreed and paid — Estoppel — No genuine dispute on substantial grounds — Winding-up as legitimate enforcement mechanism — Application for injunction dismissed — Costs on indemnity basis. 3 Charge — Registration of charge — Register of charges — Public notice function of register — Integrity of register — Description of property charged — Floating charge — Statement of particulars to be lodged with charge — Amendment of registered particulars — Rectification of register — Rectification of misstatement — Scope of court’s power of rectification — Whether rectification confined to accidental omission or misstatement — Whether court may permit substantive alteration of registered security — Distinction between rectification and variation of charge — Retrospective enlargement of charged assets — Whether permissible under statutory scheme — Whether amendment altering asset description amounts to re-writing of security — Requirement of strict proof of mistake — Absence of underlying debenture or charging instrument — Evidential insufficiency — Bare assertion of clerical error — Whether sufficient to invoke s 361 — Burden on applicant to demonstrate true misstatement — Companies Act 2016 — ss 352, 357, 359, 361, 362 — Statutory interpretation — Text, context and purpose — Interaction between registration, variation and rectification provisions — Protection of creditors and shareholders — Whether amendment prejudicial in nature — Potential impact on priority and third-party reliance — No need to prove actual prejudice — Nature-based prejudice sufficient — Administrative position of Registrar — Registrar indicating no objection — Whether binding on court — Registrar’s role administrative not adjudicative — Court’s independent duty to scrutinise application — Practice Note No. 6/2019 — Rectification procedures — Non-application to charges — Charges subject to strict statutory regime — Whether administrative rectification principles applicable 2 Winding up — Liquidation — Post-winding up proceedings — Application for substitution of liquidator — Official Receiver (Pegawai Penerima Malaysia) — Private liquidator — Supervisory jurisdiction of court — Leave under s 471 Companies Act 2016 — Discretion of court — Interests of general body of creditors — Creditor objections — Whether objections determinative — Weight to be given to creditor views — Whether sufficient grounds established — Improvement in administration of liquidation — Specialised assets — Efficiency of realisation — Handover of assets and records — Transitional directions — Preservation of assets — Remuneration of outgoing liquidator — Entitlement to fees — Assessment under Companies (Winding-Up) Rules 1972 — No order as to costs — Application allowed. 2 Winding up — Liquidator — Remuneration — Sections 479 and 487 Companies Act 2016 — Basis of remuneration — Percentage basis and time cost basis — Whether liquidator entitled to charge fees to third parties — Exercise of liquidator’s discretion — Whether fees reasonable — Application to approve remuneration — Whether court ought to interfere — Whether remuneration excessive 2 Director — Statements made in personal proceedings — Attribution to company — Separate legal personality. Practice and Procedure — Admissions — Pleadings — Previous proceedings — Effect of dismissed originating summons. 1 Winding up — Fortuna injunction — Restraining presentation of winding-up petition — Judgment debt — Default judgment — Appeal pending — No stay of execution — Whether debt bona fide disputed — Whether petition bound to fail — Irreparable harm — Statutory demand under s 466(1)(a) Companies Act 2016 — Application dismissed. 1 Register of charges — Rectification — Application under ss 352 and 361 Companies Act 2016 — Omission of registered title particulars from statement of particulars lodged with Registrar — Whether omission constituted omission of a “particular” within s 361. 1 Register of charges — Rectification — Inadvertent omission — Property description in registered charge — Postal address stated but registered leasehold title omitted — Whether omission accidental or due to inadvertence. 1 Register of charges — Rectification — Property affected by charge — Meaning of “particular” — Whether registered title forms part of description of property required to be disclosed in prescribed statement. 1 Register of charges — Rectification — Conclusive certificate of registration — Section 357(3) Companies Act 2016 — Whether conclusiveness of certificate precludes rectification of descriptive particulars under s 361. 1 Register of charges — Rectification — Distinction between validity of registration and accuracy of descriptive particulars — Whether rectification affects priority, validity or effectiveness of registered charge. 1 Register of charges — Rectification — No prejudice to creditors or shareholders — Amendment merely clarifying identity of charged property — Whether rectification enhances accuracy of register without altering substantive rights. 1 Registrar of Companies — Non-objection to rectification — Whether consent or non-objection of Registrar sufficient to justify rectification — Court’s independent duty to satisfy statutory requirements. 1 Register of charges — Judicial discretion — Grounds for rectification under s 361 Companies Act 2016 — Accidental omission — Absence of prejudice — Just and equitable relief — Disjunctive nature of statutory grounds. 1 Charges — Deed of Assignment of Rental Proceeds — Registration of company charges — Description of charged property — Registered titles omitted from statement lodged with Registrar. 1 Winding up — Fortuna injunction — Restraint against presentation of winding-up petition — Statutory notice of demand issued pursuant to ss 465(1)(e) and 466(1)(a) Companies Act 2016 — Whether debt bona fide disputed on substantial grounds — Whether proposed petition constituted abuse of process — Whether interim restraint ought to be granted pending inter partes hearing. 1 Winding up — Statutory demand — Debt founded on loan agreement bearing interest of 2.5% per month and subsequently 2% per month — Borrower alleging transaction constituted unlicensed moneylending arrangement — Whether legality of underlying transaction gave rise to substantial and genuine dispute as to indebtedness. 1 Winding up — Fortuna principle — Debt disputed on bona fide and substantial grounds — Whether winding-up jurisdiction could be invoked as debt collection mechanism — Abuse of process. 1 + 104 more

Application for leave to commence meeting of scheme of creditors — Application to set aside order granting leave — Application to set aside dismissed by HCJ — Whether HCJ had erred in dismissing the Setting-Aside Application — Whether Leave Application constituted an abuse of process on ground that it was not made bona fide — Whether HCJ should have considered facts before him at the Settling-Aside Application — Companies Act 2016 section 366(1) 5 cases

Fortuna injunction — Application to restrain presentation of winding-up petition — Quia timet relief — Section 466 Companies Act 2016 — Statutory demand — Unpaid judgment debt — Sessions Court judgment affirmed on appeal — Final and enforceable judgment — Whether winding-up petition an abuse of process — Principles governing Fortuna injunction– Bona fide dispute test — Whether judgment debt can constitute disputed debt — Court will not go behind regular judgment — Payment by cheque — Conditional payment — Dishonoured cheque — Revival of underlying debt — Bills of Exchange Act 1949 s 47 — Statutory threshold for winding-up petition — Allocation of payments by creditor — Validity of statutory notice — Indemnity costs agreed and paid — Estoppel — No genuine dispute on substantial grounds — Winding-up as legitimate enforcement mechanism — Application for injunction dismissed — Costs on indemnity basis. 3 cases

Charge — Registration of charge — Register of charges — Public notice function of register — Integrity of register — Description of property charged — Floating charge — Statement of particulars to be lodged with charge — Amendment of registered particulars — Rectification of register — Rectification of misstatement — Scope of court’s power of rectification — Whether rectification confined to accidental omission or misstatement — Whether court may permit substantive alteration of registered security — Distinction between rectification and variation of charge — Retrospective enlargement of charged assets — Whether permissible under statutory scheme — Whether amendment altering asset description amounts to re-writing of security — Requirement of strict proof of mistake — Absence of underlying debenture or charging instrument — Evidential insufficiency — Bare assertion of clerical error — Whether sufficient to invoke s 361 — Burden on applicant to demonstrate true misstatement — Companies Act 2016 — ss 352, 357, 359, 361, 362 — Statutory interpretation — Text, context and purpose — Interaction between registration, variation and rectification provisions — Protection of creditors and shareholders — Whether amendment prejudicial in nature — Potential impact on priority and third-party reliance — No need to prove actual prejudice — Nature-based prejudice sufficient — Administrative position of Registrar — Registrar indicating no objection — Whether binding on court — Registrar’s role administrative not adjudicative — Court’s independent duty to scrutinise application — Practice Note No. 6/2019 — Rectification procedures — Non-application to charges — Charges subject to strict statutory regime — Whether administrative rectification principles applicable 2 cases

Winding up — Liquidation — Post-winding up proceedings — Application for substitution of liquidator — Official Receiver (Pegawai Penerima Malaysia) — Private liquidator — Supervisory jurisdiction of court — Leave under s 471 Companies Act 2016 — Discretion of court — Interests of general body of creditors — Creditor objections — Whether objections determinative — Weight to be given to creditor views — Whether sufficient grounds established — Improvement in administration of liquidation — Specialised assets — Efficiency of realisation — Handover of assets and records — Transitional directions — Preservation of assets — Remuneration of outgoing liquidator — Entitlement to fees — Assessment under Companies (Winding-Up) Rules 1972 — No order as to costs — Application allowed. 2 cases

Winding up — Liquidator — Remuneration — Sections 479 and 487 Companies Act 2016 — Basis of remuneration — Percentage basis and time cost basis — Whether liquidator entitled to charge fees to third parties — Exercise of liquidator’s discretion — Whether fees reasonable — Application to approve remuneration — Whether court ought to interfere — Whether remuneration excessive 2 cases

Winding up — Fortuna injunction — Restraining presentation of winding-up petition — Judgment debt — Default judgment — Appeal pending — No stay of execution — Whether debt bona fide disputed — Whether petition bound to fail — Irreparable harm — Statutory demand under s 466(1)(a) Companies Act 2016 — Application dismissed. 1 case

Register of charges — Rectification — Application under ss 352 and 361 Companies Act 2016 — Omission of registered title particulars from statement of particulars lodged with Registrar — Whether omission constituted omission of a “particular” within s 361. 1 case

Register of charges — Rectification — Inadvertent omission — Property description in registered charge — Postal address stated but registered leasehold title omitted — Whether omission accidental or due to inadvertence. 1 case

Register of charges — Rectification — Property affected by charge — Meaning of “particular” — Whether registered title forms part of description of property required to be disclosed in prescribed statement. 1 case

Register of charges — Rectification — Conclusive certificate of registration — Section 357(3) Companies Act 2016 — Whether conclusiveness of certificate precludes rectification of descriptive particulars under s 361. 1 case

Register of charges — Rectification — Distinction between validity of registration and accuracy of descriptive particulars — Whether rectification affects priority, validity or effectiveness of registered charge. 1 case

Register of charges — Rectification — No prejudice to creditors or shareholders — Amendment merely clarifying identity of charged property — Whether rectification enhances accuracy of register without altering substantive rights. 1 case

Register of charges — Judicial discretion — Grounds for rectification under s 361 Companies Act 2016 — Accidental omission — Absence of prejudice — Just and equitable relief — Disjunctive nature of statutory grounds. 1 case

Charges — Deed of Assignment of Rental Proceeds — Registration of company charges — Description of charged property — Registered titles omitted from statement lodged with Registrar. 1 case

Winding up — Fortuna injunction — Restraint against presentation of winding-up petition — Statutory notice of demand issued pursuant to ss 465(1)(e) and 466(1)(a) Companies Act 2016 — Whether debt bona fide disputed on substantial grounds — Whether proposed petition constituted abuse of process — Whether interim restraint ought to be granted pending inter partes hearing. 1 case

Winding up — Statutory demand — Debt founded on loan agreement bearing interest of 2.5% per month and subsequently 2% per month — Borrower alleging transaction constituted unlicensed moneylending arrangement — Whether legality of underlying transaction gave rise to substantial and genuine dispute as to indebtedness. 1 case

Winding up — Fortuna principle — Debt disputed on bona fide and substantial grounds — Whether winding-up jurisdiction could be invoked as debt collection mechanism — Abuse of process. 1 case

Service of process — Service on company — Registered office — Service by registered post — Presumption of service — Returned postal articles — Companies Act 2016, s 464 — Interpretation Acts 1948 and 1967, s 12. 1 case

Winding up — Liquidators — Interim liquidators — Leave to commence compulsory winding-up proceedings — Principles governing grant of leave under s 451(2) Companies Act 2016. 1 case

Corporate groups — Separate entities — Whether common management and shared resources sufficient to impose liability on holding company — Application of Salomon principle — Whether evidence disclosed façade or alter ego arrangement 1 case

Scheme of arrangement — Effect of sanctioned scheme — Whether scheme company’s release under scheme of arrangement discharged separate contractual liability of non-party tenant — Whether proceedings against non-party constituted collateral attack on scheme — Companies Act 2016, s 366 1 case

Charges — Registration of charges — Misstatement in statement of particulars lodged with Registrar — Incorrect date of creation of charge entered — Whether incorrect date constituted “mis-statement of any particular” within meaning of Companies Act 2016, s 361(1) — Companies Act 2016, ss 352, 353 & 361 1 case

Charges — Rectification of register — Application to rectify registered particulars of charge — Whether misstatement due to inadvertence — Whether wrong date inserted by reference to stamp duty date rather than execution date — Companies Act 2016, s 361(1)(a) 1 case

Charges — Rectification — Whether rectification prejudicial to creditors or shareholders — Whether amendment merely corrected date of creation without altering substance, amount or identity of chargee — Companies Act 2016, s 361(1)(a) 1 case

Charges — Rectification — Just and equitable relief — Whether court should exercise remedial jurisdiction to correct bona fide clerical error in public register — Companies Act 2016, s 361(1)(b) 1 case

Key Statutes

cited in 56 cases
Rules of Court 2012
cited in 25 cases
cited in 12 cases
Companies Act
cited in 7 cases
cited in 6 cases
cited in 4 cases
cited in 4 cases
cited in 3 cases
UK Insolvency Act 1986
cited in 2 cases
cited in 2 cases
Capital Markets and Services Act 2007
cited in 2 cases
Penal Code (Cap 574)
cited in 2 cases
English Companies Act 1862
cited in 1 case
cited in 1 case
Companies Act 1993
cited in 1 case

Court Distribution

Key People & Firms

Cases

Page 5 of 5
wa-28ncc-1029-11-2024
TRILLION OSCAR SDN BHD v TIMUR ENTERPRISE SDN BHD PENCELAH Su Ming Jiun
26 March 2025
MYHC
ca-28pw-4-05-2024
Syed Amirul Azizie Bin Syed Marzuki v 1. ) Poly Electronic & Electrical (M) Sdn. Bhd. 2. ) PELIKUIDASI SM PELANGI SDN BHD (JABATAN INSOLVENSI MALAYSIA (CAWANGAN KUANTAN))
10 March 2025
MYHC
aa-24ncvc-514-10-2024
LOH SIEW CHOONG v Khoo Chooi Thuan (Liquidator, Lohman Holdings Sdn. Bhd. (In Members' Voluntary Liguidation)) Tujuan Management Consultants Sdn. Bhd.
20 January 2025
MYHC
ba-24ncc-90-08-2024
JAGADESH A/L MUNUSAMY v 1. ) SM AVICNESVARAN A/L SUBRAMANIAM 2. ) PHOENIX PROSPECTS SDN BHD
28 November 2024
MYHC
wa-22ncc-585-11-2022
1. ) GAN BOON WHAT 2. ) PAN SIEW THONG 3. ) PANG YEN SHON 4. ) YOU SIEW CHING 5. ) CHIN GUAT KHIM 6. ) LAI FOOK WENG 7. ) CHAN FOOK HING 8. ) CHAN YOONG YI 9. ) YAU KIM LENG 10. ) LEE PHEY LIN 11. ) LEE CHOY LIN 12. ) CHEONG BEE LENG 13. ) TAN SIEW TENG 14. ) KHONG CHAN OON 15. ) CHANG MEE MEE 16. ) CHOW YUN HAI 17. ) ONG SIEW GIM 18. ) LEE FEE THAY 19. ) WONG CHEE KONG 20. ) WONG JUN JIE 21. ) WONG JUN HAO 22. ) WONG JUN LIN 23. ) LEE YIN CHOY 24. ) YONG XIAO GYAN 25. ) POON SHEAU LEE 26. ) ...
14 November 2024
MYHC
ja-22ncc-67-10-2023
SHAKIB BIN ABU BAKAR BANAFEE v 1. ) AWH INTERNATIONAL LOGISTICS SDN BHD 2. ) MOHD AZIZUL BIN MOHD NASIR 3. ) AHMAD AKID BIN NOOR AZLEE
10 September 2024
MYHC
wa-22ncvc-748-11-2018
RAHMAN HYDRAULIC TIN SDN BHD v 1. ) DATO' SERI DR MOHD AJIB BIN ANUAR 2. ) SMART ALADDIN SDN BHD 3. ) HEDD INDUSTRIES (M) SDN BHD 4. ) DATO' HAJI MUSA BIN HAJI NORDIN 5. ) JOHAIZAL BIN HAJI MUSA 6. ) Sharifah Faridah Binti M.a.g. Abdul Rasheed
7 November 2023
MYHC
02i-50-07-2018p
Tee Siew Kai v Machang Indah Development Sdn Bhd
13 August 2019
MYFC
02f-66-09-2016w
PERAK INTEGRATED NETWORKS SERVICES SDN BHD v 1. URBAN DOMAIN SDN BHD 2. PINS OSC & MAINTENANCE SERVICES SDN BHD
15 April 2018
MYFC
02f-65-09-2016j
KANG HAI HOLDINGS SDN BHD & 1 LAGI v LEE LAI BAN
18 December 2017
MYFC
02f-7-03-2016-w-02f-8-03-2016-w
1. ) 02(f)-7-03/2016 (W) Tengku Dato' Ibrahim Petra bin Tengku Indra Petra 2. ) 02(f)-8-03/2016 9W) (1) Wong Fook Heng (2) Tiong Young Kong v 1. ) 02(f)-7-03/2016 (W) Petra Perdana Berhad 2. ) 02(f)-8-03/2016 (W) Petra Perdana Berhad
13 December 2017
MYFC