ALLIANZ GENERAL INSURANCE COMPANY (MALAYSIA) BERHAD v GHAM POH CHAI

wa-24ncc-614-12-2024 High Court (Mahkamah Tinggi) 18 May 2025 • WA-24NCC-614-12/2024

Catchwords

Civil Procedure — Injunction — Fortuna injunction — Application for — Applicant filed application to restrain defendant from presenting winding up petition — Whether judgment debt disputed — Whether the petition has no chance of success — Whether presentation of winding up petition would cause irreparable harm to plaintiff — Whether section 195 Financial Services Act 2013 bars issuance of statutory notice — Whether applicable Bank Negara Malaysia (BNM) guidelines a ground to delay payment — Whether applicant commercially solvent — Whether applicant entitled to Erinford injunction — Financial Services Act 2013, ss 47(1), 123(1), 143(2), & 195— Companies Act 2016 s.465(1)(e), & s.466(1)(a) — Companies (Winding-up) Rules 1972, r.23.

Practice Areas

Civil Procedure Company Law Banking & Finance

Judges (1)

Yusrin Faidz bin Yusoff Delivered

Parties (2)

ALLIANZ GENERAL INSURANCE COMPANY BERHAD Applicant Gham Poh Chai Respondent

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (wa-24ncc-614-12-2024)