CENTRAL SUGARS REFINERY SDN BHD v HOLSTEN MARKETING (M) SDN BHD

wa-28ncc-572-05-2025 High Court (Mahkamah Tinggi) 7 January 2026 • WA-28NCC-572-05/2025 • 8 min read

3 cases cited (0 SG, 3 foreign)

Outcome

As such, I granted Encl 1. This means that the striking out in Encl 14 is rendered moot and I dismissed the same. I also granted costs of RM3,000.00 in favour of the Petitioner, subject to allocatur.

Quoted verbatim from the judgment of High Court (Mahkamah Tinggi) (wa-28ncc-572-05-2025). Read the full judgment on the official Malaysia Courts portal for the complete decision.

Catchwords

Company law-Winding up Petition-Sections 465 & 466 Companies Act 2016-Inability to pay debts-Statutory demand - Whether debt bona fide disputed on substantial grounds-restraining order/stay of winding-up proceedings-Whether winding-up petition ought to be stayed or proceeded with.

Practice Areas

Judges (1)

Suhendran Sockanathan Delivered

Counsel (6)

Law Partnership Firm R. Kengadharan & Co. Firm C. Sivasankar Counsel Respondent Cheryl Chong Ke Han Counsel Petitioner Keith Tan Counsel Petitioner Suaran Singh Counsel Petitioner

Parties (2)

CENTRAL SUGARS REFINERY Sdn Bhd Petitioner HOLSTEN MARKETING Sdn Bhd Respondent

Statutes Cited

Companies Act 2016 (Cap 777)

Cases Cited (3)

MY (3)

[2001] 4 MLJ 187 [2003] 1 MLJ 492 [2006] 2 MLJ 602

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (wa-28ncc-572-05-2025)