MAR'S PARAGON RESOURCES SDN BHD v LMS TECHNOLOGY DISTRIBUTIONS SDN BHD

wa-28ncc-480-05-2025 High Court (Mahkamah Tinggi) 28 October 2025 • WA-28NCC-480-05/2025

Catchwords

Winding up – Companies Act 2016, Section 465(1)(e) and 466 (1) (a) – The Respondent failed to abide with the Consent Judgment entered between parties in the earlier suit - The Respondents filed application to wound up the Respondent - Whether the Respondent is unable to pay its debts – Whether it was just and equitable for the Company be wound up – The Consent Judgment remains valid and binding - The Respondent fails to comply with the Statutory Notice, the law will presume that the Respondent is insolvent and unable to pay its debts - a lender is entitled to pursue all remedies available against a borrower - Petitioner’s application is allowed with costs.

Practice Areas

Winding up

Judges (1)

Seow Hock Peng Delivered

Parties (2)

LMS TECHNOLOGY DISTRIBUTIONS Sdn Bhd Respondent MAR'S PARAGON RESOURCES Sdn Bhd Petitioner

Case Significance

MAR'S PARAGON RESOURCES SDN BHD v LMS TECHNOLOGY DISTRIBUTIONS SDN BHD is a High Court (Mahkamah Tinggi) decision dated October 28, 2025 (citation: wa-28ncc-480-05-2025). The case was decided by Seow Hock Peng.

What was the outcome of MAR'S PARAGON RESOURCES SDN BHD v LMS TECHNOLOGY DISTRIBUTIONS SDN BHD?

MAR'S PARAGON RESOURCES SDN BHD v LMS TECHNOLOGY DISTRIBUTIONS SDN BHD is a High Court decision dated October 28, 2025. The case was heard by Seow Hock Peng. See the full judgment for details.