LEBAS TECHNOLOGIES SDN. BHD. v MALAYSIAN BIO-XCELL SDN. BHD. (IN LIQUIDATION)

wa-24c-182-11-2024 High Court (Mahkamah Tinggi) 17 August 2025 • WA-24C-182-11/2024

Catchwords

Enclosure 1. In the Originating Summons (“OS”) before this Court, the Plaintiff has applied for the following orders pursuant to section 41 of the Specific Relief Act 1950 and the inherent jurisdiction of this Court: a declaration that the Performance Bond Sum of RM5,346,550.00 (“Performance Bond Sum”) which has been deposited by the Plaintiff with the Defendant is trust property, a declaration that the Defendant is responsible as a constructive trustee for the said Performance Bond Sum, an order that the Defendant or liquidator return the Performance Bond Sum together with interests of RM1,865,433.30 calculated form the Adjudication Award till the date of the claim in 10 days from the date of this Order, costs in the Companies Winding Up Application No. WA-228PW-619-12/2022, costs for the appeal in Appeal no. W-02(a)-1942-11/2023 and costs

Practice Areas

Enclosure 1. In the Originating Summons (“OS”) before this Court, the Plaintiff has applied for the following orders pursuant to section 41 of the Specific Relief Act 1950 and the inherent jurisdiction of this Court: a declaration that the Performance Bond Sum of RM5,346,550.00 (“Performance Bond Sum”) which has been deposited by the Plaintiff with the Defendant is trust property, a declaration that the Defendant is responsible as a constructive trustee for the said Performance Bond Sum, an order that the Defendant or liquidator return the Performance Bond Sum together with interests of RM1,865,433.30 calculated form the Adjudication Award till the date of the claim in 10 days from the date of this Order, costs in the Companies Winding Up Application No. WA-228PW-619-12/2022, costs for the appeal in Appeal no. W-02(a)-1942-11/2023 and costs

Judges (1)

Nadzarin bin Wok Nordin Delivered

Parties (2)

LEBAS TECHNOLOGIES Sdn Bhd Applicant MALAYSIAN BIO-XCELL Sdn Bhd. (IN LIQUIDATION) Respondent

Case Significance

LEBAS TECHNOLOGIES SDN. BHD. v MALAYSIAN BIO-XCELL SDN. BHD. (IN LIQUIDATION) is a High Court (Mahkamah Tinggi) decision dated August 17, 2025 (citation: wa-24c-182-11-2024). The case was decided by Nadzarin bin Wok Nordin.

What was the outcome of LEBAS TECHNOLOGIES SDN. BHD. v MALAYSIAN BIO-XCELL SDN. BHD. (IN LIQUIDATION)?

LEBAS TECHNOLOGIES SDN. BHD. v MALAYSIAN BIO-XCELL SDN. BHD. (IN LIQUIDATION) is a High Court decision dated August 17, 2025. The case was heard by Nadzarin bin Wok Nordin. See the full judgment for details.