1. ) DATO' CHANG JONG YU 2. ) ICONIC BINA SDN. BHD. 3. ) LAMAN KEJORA SDN. BHD. 4. ) CERAH TEGUH SDN. BHD. 5. ) PERMAI IKHLAS SDN. BHD. v IBAIMAS SDN. BHD. PIHAK TERKILAN KUALA IBAI PROPERTY SDN BHD

ba-28pw-15-01-2024 High Court (Mahkamah Tinggi) 23 June 2025 • BA-28PW-15-01/2024

Catchwords

Post Winding Up - Section 351, 461, 482(b), 486(2) and 510 of the Companies Act 2016 - Whether leave of Court is required - Whether the Court has jurisdiction to grant the declaratiory and injunctive relief sought - Whether the application is defective for failure to join Kuala Ibai Property Sdn Bhd as a party - Whether the Turnkey Agreement is liable to be set aside - Whether the Turnkey Agrement is liable to be set aside - Whether a permanent injuction ought to be granted

Practice Areas

Company Law

Judges (1)

Raja Rozela binti Raja Toran Delivered

Parties (7)

Cerah Teguh Sdn Bhd Applicant IBAIMAS Sdn Bhd Respondent Iconic Bina Sdn Bhd Applicant Kuala Ibai Property Sdn Bhd Aggrieved Party Laman Kejora Sdn Bhd Applicant Permai Ikhlas Sdn Bhd Applicant Dato' Chang Jong Yu Applicant

Judgment

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Source: eJudgment (ba-28pw-15-01-2024)