1. ) Chung Yoo Hock 2. ) OCEANERGY GASES SDN. BHD. v Zumatex Engineering Sdn. Bhd.
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Judges (1)
Counsel (8)
Case Significance
1. ) Chung Yoo Hock 2. ) OCEANERGY GASES SDN. BHD. v Zumatex Engineering Sdn.... is a High Court (Mahkamah Tinggi) decision dated December 8, 2025 (citation: wa-28pw-283-06-2025). <p>A shareholder of Zumatex Engineering Sdn Bhd (in liquidation) applied under section 486(2) of the Companies Act 2016 for leave to bring, continue and defend several legal proceedings in the company's name, including pending Court of Appeal appeals against a High Court judgment exceeding RM8 million, impeachment proceedings alleging fraud, and taxation proceedings. The court considered whether the grant of leave was in the interests of the company, and whether the continuation of proceedings m The case was decided by Jamhirah binti Ali. Counsel appearing: Bahari Yeow (counsel for applicant), Engku Nursuhaila Binti Engku Zain (counsel for respondent), Kang Mei Yee (counsel petitioner), Lim Zhi Jian (counsel for applicant), Ling Siew Hui (counsel for applicant), Wong Yan Zhang (counsel petitioner).
Summary
A shareholder of Zumatex Engineering Sdn Bhd (in liquidation) applied under section 486(2) of the Companies Act 2016 for leave to bring, continue and defend several legal proceedings in the company's name, including pending Court of Appeal appeals against a High Court judgment exceeding RM8 million, impeachment proceedings alleging fraud, and taxation proceedings. The court considered whether the grant of leave was in the interests of the company, and whether the continuation of proceedings may preserve or enhance the company's assets or reduce its liabilities. Leave was granted subject to the applicant's personal undertaking to bear all legal costs and account for any proceeds recovered to the estate.
What was the outcome of 1. ) Chung Yoo Hock 2. ) OCEANERGY GASES SDN. BHD. v Zumatex Engineering Sdn....?
<p>A shareholder of Zumatex Engineering Sdn Bhd (in liquidation) applied under section 486(2) of the Companies Act 2016 for leave to bring, continue a...