1. ) KNM GROUP BERHAD 2. ) KNM PROCESS SYSTEMS SDN. BHD. PENCELAH 1. ) Hitachi Zosen Corporation [NOD at Encl. 192] 2. ) IPL Middle East DMCC 3. ) Alam Hzem Sdn Bhd [NOD at Encl. 192] 4. ) Cypark Sdn Bhd 5. ) ANN JOO METAL SDN BHD 6. ) ANN JOO METAL (SINGAPORE) PTE LTD 7. ) SAPURAOMV UPSTREAM (SARAWAK) INC. 8. ) Konecranes Material Handling (Malaysia) Sdn. Bhd. (Formerly known as MHE-Demag Malaysia Sdn. Bhd.) 9. ) MBSB Bank Berhad 10. ) TIETJEN VERFAHRENSTECHNIK GMBH 11. ) Affin Bank Berhad 1...
Catchwords
Company law- Scheme of Arrangement-Section 366 of Companies Act 2016-Orders to convene scheme meeting-Convening Issues-jurisdictional or quasi-jurisdictional barries-classification based on rights and not interest-full and frank disclosure of all material facts-no convening order if there are factors lead to the refusal-bona fide and not abuse of process. Company Law- Scheme of Arrangment-Section 368 Companies Act 2016-Restraining orders-cooling off period of 1 year before new application-feasibility and merits due consideration by creditors-power to grant is also derived from Section 368 Companies Act 2016-ad interim orders had exhausted 3 months prescribed duration.
Practice Areas
Company law- Scheme of Arrangement-Section 366 of Companies Act 2016-Orders to convene scheme meeting-Convening Issues-jurisdictional or quasi-jurisdictional barries-classification based on rights and not interest-full and frank disclosure of all material facts-no convening order if there are factors lead to the refusal-bona fide and not abuse of process. Company Law- Scheme of Arrangment-Section 368 Companies Act 2016-Restraining orders-cooling off period of 1 year before new application-feasibility and merits due consideration by creditors-power to grant is also derived from Section 368 Companies Act 2016-ad interim orders had exhausted 3 months prescribed duration.
Judges (1)
Parties (22)
AFFIN BANK BERHAD Intervener ANN JOO METAL PTE LTD Intervener ANN JOO METAL Sdn Bhd Intervener Alam Hzem Sdn Bhd Intervener BANK OF CHINA BERHAD Intervener BIO REFINING INDUSTRIES INC Intervener Credit Guarantee & Investment Facility, a trust fund of the Asian Development Bank Intervener Cypark Sdn Bhd Intervener DANOS LIMITED Non Party FLS PROJECTS Sdn Bhd Intervener Hitachi Zosen Corporation Intervener KNM GROUP BERHAD Applicant KNM PROCESS SYSTEMS Sdn Bhd Applicant Konecranes Material Handling Sdn Bhd Intervener MALAYAN BANKING BERHAD Intervener MBSB BANK BERHAD Intervener Meccilect Sdn Bhd Intervener NGK Insulators, Ltd Non Party SAPURAOMV UPSTREAM INC Intervener TA PRIVATE CAPITAL SECURITY AGENT LTD Non Party TIETJEN VERFAHRENSTECHNIK GMBH Intervener Ipl Middle East Dmcc Intervener
Case Significance
1. ) KNM GROUP BERHAD 2. ) KNM PROCESS SYSTEMS SDN. BHD. PENCELAH 1. ) Hitach... is a High Court (Mahkamah Tinggi) decision dated March 11, 2025 (citation: wa-24ncc-201-04-2024). The case was decided by Suhendran Sockanathan.
What was the outcome of 1. ) KNM GROUP BERHAD 2. ) KNM PROCESS SYSTEMS SDN. BHD. PENCELAH 1. ) Hitach...?
1. ) KNM GROUP BERHAD 2. ) KNM PROCESS SYSTEMS SDN. BHD. PENCELAH 1. ) Hitach... is a High Court decision dated March 11, 2025. The case was heard by Suhendran Sockanathan. See the full judgment for details.