CX GROCERY SDN BHD v TENG YUE OVERSEAS CONSTRUCTION SDN BHD

ja-28pw-30-04-2024 High Court (Mahkamah Tinggi) 29 July 2025 • JA-28PW-30-04/2024

Catchwords

Company Law –– Winding Up –– Liquidator –– Bringing or defending the proposed legal proceedings –– refusal of the Liquidator to bring or defend the proposed legal proceedings –– whether leave should be granted to the Applicant, as contributory, to proceed and continue with the Arbitration Proceedings on behalf of the wound-up company under subsection 486(2) of the Companies Act 2016 –– Arbitration hearing dates already fixed –– wound-up company has substantial counterclaim amounting to RM30mil

Practice Areas

Company Law –– Winding Up –– Liquidator –– Bringing or defending the proposed legal proceedings –– refusal of the Liquidator to bring or defend the proposed legal proceedings –– whether leave should be granted to the Applicant, as contributory, to proceed and continue with the Arbitration Proceedings on behalf of the wound-up company under subsection 486(2) of the Companies Act 2016 –– Arbitration hearing dates already fixed –– wound-up company has substantial counterclaim amounting to RM30mil

Judges (1)

Wong Mee Ling Delivered

Parties (2)

CX GROCERY Sdn Bhd Applicant TENG YUE OVERSEAS CONSTRUCTION Sdn Bhd Respondent

Case Significance

CX GROCERY SDN BHD v TENG YUE OVERSEAS CONSTRUCTION SDN BHD is a High Court (Mahkamah Tinggi) decision dated July 29, 2025 (citation: ja-28pw-30-04-2024). The case was decided by Wong Mee Ling.

What was the outcome of CX GROCERY SDN BHD v TENG YUE OVERSEAS CONSTRUCTION SDN BHD?

CX GROCERY SDN BHD v TENG YUE OVERSEAS CONSTRUCTION SDN BHD is a High Court decision dated July 29, 2025. The case was heard by Wong Mee Ling. See the full judgment for details.