BANK OF CHINA (MALAYSIA) BERHAD v CASA ANDAMAN SDN. BHD.

wa-28ncc-1039-11-2024 High Court (Mahkamah Tinggi) 2 March 2026 • WA-28NCC-1039-11/2024 • 18 min read
16 cases cited (0 SG, 16 foreign)

Outcome

For the reasons set out above, I allowed the winding-up petition in Enclosure 2, with costs of RM15,000.00, and ordered that Casa Andaman Sdn Bhd be wound up pursuant to the Companies Act 2016. Further, I dismissed the Respondent’s stay application in Enclosure 25, with costs of RM5,000.00.

Quoted verbatim from the judgment of High Court (Mahkamah Tinggi) (wa-28ncc-1039-11-2024). Read the full judgment on the official Malaysia Courts portal for the complete decision.

Catchwords

COMPANIES LAW: Insolvency proceeding – Winding Up Proceeding – Companies unable to pay its debt – Just and Equitable – Companies Act 2016 s 465 (1) (e) & (h) – s 466 (1)(a) - Winding up allowed. CIVIL PROCEDURE: Interlocutory Application – Stay of Winding Up proceeding – Whether there are special circumstances to allow stay - Application dismissed.

Practice Areas

Company Law Civil Procedure

Judges (1)

Jamhirah binti Ali Delivered

Counsel (5)

Shu Yin, Teh & Taing Firm Skrine Firm Karen Tan Wee Sean Counsel Petitioner Wong Kar Chun Counsel Respondent Wong Yi Ying Counsel Respondent

Parties (2)

BANK OF CHINA BERHAD Petitioner CASA ANDAMAN Sdn Bhd Respondent

Statutes Cited

Companies Act 2016 (Cap 777)
Rules of Court 2012

Cases Cited (16)

UK (3)
[1968] 1 WLR 1091 [1972] 1 All ER 385 [1986] WLR 114
MY (13)
[1991] 1 MLJ 95 [1999] 1 AMR 1187 [1999] 5 MLRH 826 [2003] 4 CLJ 1 [2003] 42 MLJ 1 [2006] 4 CLJ 583 [2010] MLJU 2217 [2011] 1 CLJ 947 [2011] 2 MLJ 94 [2016] MLJU 1591 [2018] 9 MLJ 305 [2019] 4 MLJ 826 [2024] 9 CLJ 245

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (wa-28ncc-1039-11-2024)