DRAWBRIDGE TECHNOLOGIES (M) SDN BHD v 1. ) AD&M GLOBAL SDN BHD 2. ) JRSYS SDN BHD (IN LIQUIDATION 3. ) MAN SKETCH TECHNOLOGIES SDN BHD 4. ) WONG WING SOON

wa-28ncc-847-09-2024 High Court (Mahkamah Tinggi) 25 May 2025 • WA-28NCC-847-09/2024

Catchwords

Winding up – Opposition to Petition – Debt due and owing – Companies Act 2016, Section 465(1)(h) – Application to wound up company based on just and equitable provision - Whether the company ought to be wound up for the loss of the company’s substratum and that the relationship between the shareholders has broken down irretrievably – Whether directors had given explanation for their actions - Allegations over amounts claimed is exaggerated – loss of trust and confidence in the directorship – removal of director – legal action against the shareholder - failure to prove that main objective of the company still exist - no active trade since the Termination Notice as reseller of Petitioner’s products was issued – It was just and equitable for the Companies be wound up. Petitioner’s application is allowed.

Practice Areas

Winding up

Judges (1)

Ong Chee Kwan Delivered

Parties (5)

AD&M GLOBAL Sdn Bhd Respondent DRAWBRIDGE TECHNOLOGIES Sdn Bhd Petitioner JRSYS Sdn Bhd (IN LIQUIDATION Respondent MAN SKETCH TECHNOLOGIES Sdn Bhd Respondent Wong Wing Soon Respondent

Case Significance

DRAWBRIDGE TECHNOLOGIES (M) SDN BHD v 1. ) AD&M GLOBAL SDN BHD 2. ) JRSYS SDN... is a High Court (Mahkamah Tinggi) decision dated May 25, 2025 (citation: wa-28ncc-847-09-2024). The case was decided by Ong Chee Kwan.

What was the outcome of DRAWBRIDGE TECHNOLOGIES (M) SDN BHD v 1. ) AD&M GLOBAL SDN BHD 2. ) JRSYS SDN...?

DRAWBRIDGE TECHNOLOGIES (M) SDN BHD v 1. ) AD&M GLOBAL SDN BHD 2. ) JRSYS SDN... is a High Court decision dated May 25, 2025. The case was heard by Ong Chee Kwan. See the full judgment for details.