GENISYS INTEGRATED ENGINEERS PTE LTD v 1. ) UEM GENISYS SDN BHD (Dalam Likuidasi) 2. ) ONN KIEN HOE (disaman dalam kapasiti sebagai seorang pelikuidasi) 3. ) MOK YUEN LOK (disaman dalam kapasiti sebagai seorang pelikuidasi)

02f-45-05-2022w Federal Court (Mahkamah Persekutuan) 3 April 2023 • 02(f)-45-05/2022(W)

Catchwords

COMPANIES - Winding Up - Duties and powers of a liquidator - Proof of Debt - Limitation period - Whether the Limitation Act 1953 applies to Proof of Debt that is accepted and not formally rejected by a Liquidator? - Imposition of Interest - Whether the Liquidators can unilaterally impose interest on the basis of a commercial decision and at a rate unilaterally decided by them despite the absence of any contractual provision and/or agreement by the Appellant?

Practice Areas

Company Law Limitation

Judges (3)

Hasnah binti Dato' Mohammed Hashim Coram Mary Lim Thiam Suan Coram Vernon Ong Lam Kiat Delivered

Parties (4)

GENISYS INTEGRATED ENGINEERS PTE LTD Appellant UEM GENISYS Sdn Bhd (Dalam Likuidasi) Respondent Mok Yuen Lok Respondent Onn Kien Hoe Respondent

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (02f-45-05-2022w)