Setegap Ventures Petroleum Sdn Bhd v Aqleem Emas Sdn Bhd

ba-28ncc-714-10-2025 High Court (Mahkamah Tinggi) 18 January 2026 • BA-28NCC-714-10/2025

Catchwords

Winding Up – Petition – Uncontested - Whether the Petitioner had satisfied the requirement for a winding up order under Companies Act 2016 – Non-performance to complete Sale and Purchase Agreement - Existence of debt – Documentary evidence – Inability to pay debt – Statutory demand - Not filed updated audited accounts and revenue – Absence of bona fide dispute – Absence of opposing affidavit – Absent and unrepresented – Discretion of the Court – Appointment of Liquidator – Section 464,465(1)(e) and (h) and 466(1)(a) of Companies Act 2016

Practice Areas

Company Law Contract

Judges (1)

Raja Rozela binti Raja Toran Delivered

Parties (2)

Aqleem Emas Sdn Bhd Respondent Setegap Ventures Petroleum Sdn Bhd Petitioner

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (ba-28ncc-714-10-2025)