VYNN VENTURE SDN. BHD (IN LIQUIDATION) v WIDAD BUSINESS GROUP SDN. BHD.

wa-28ncc-403-04-2025 High Court (Mahkamah Tinggi) 17 November 2025 • WA-28NCC-403-04/2025 • 2 min read

Catchwords

Company law - Winding up - Inability to pay debts - Companies Act 2016, ss. 465 (1)(e) and 466 (1)(a) - Statutory demand - Failure to comply - Presumption of Insolvency - Debt arising from settlement letter - Acknowledgment of debt - Assumption of liability for sister company's debt - Whether debt bona fide disputed on substantial grounds - Without prejudice correspondence - Whether winding -up order properly granted.

Practice Areas

Company law

Judges (1)

Suhendran Sockanathan Delivered

Parties (2)

VYNN VENTURE Sdn Bhd (IN LIQUIDATION) Petitioner WIDAD BUSINESS GROUP Sdn Bhd Respondent

Case Significance

VYNN VENTURE SDN. BHD (IN LIQUIDATION) v WIDAD BUSINESS GROUP SDN. BHD. is a High Court (Mahkamah Tinggi) decision dated November 17, 2025 (citation: wa-28ncc-403-04-2025). The case was decided by Suhendran Sockanathan.

What was the outcome of VYNN VENTURE SDN. BHD (IN LIQUIDATION) v WIDAD BUSINESS GROUP SDN. BHD.?

VYNN VENTURE SDN. BHD (IN LIQUIDATION) v WIDAD BUSINESS GROUP SDN. BHD. is a High Court decision dated November 17, 2025. The case was heard by Suhendran Sockanathan. See the full judgment for details.